Austin, TX 8/25/16; Buckinghamshire, UK 8/25/16—Filtration Group, a Madison Industries affiliate and provider of filtration solutions, has entered into an agreement to acquire Essentra’s Porous Technologies business for £220 million ($289 million= £0.76 = $1). Among Porous Technologies’ offerings are products for disease detection and prevention, lab testing and genetic analysis. “As a developer and […]

San Francisco, CA and Paris, France 7/1/16—Publicly held Areva, a supplier of products for nuclear energy, has completed the previously announced sale of its Canberra nuclear instrumentation and measurement business to Mirion Technologies, a provider of radiation detection, measurement and monitoring products (see IBO 2/15/16). “We are excited by the combination of Mirion and Canberra, […]

Major US indexes were mixed in August as the Dow Jones Industrial Average and S&P 500 declined 0.2% and 0.1%, respectively, while the NASDAQ advanced 1.0%. The markets continued to face global economic growth uncertainty and were further imperiled by the Federal Reserve’s hawkish tone on increasing interest rates. However, in the US, sturdy employment […]

Last month, the State Council of China released the details of the five-year National Science and Technology Innovation Plan, which is designed to further progress scientific advancements in China. With the goal of continuing and improving China’s global scientific innovation contributions, the Innovation Plan includes but is not limited to: developing projects to further treat […]

While the future of UK science is still uncertain post-Brexit, British scientists have been assured that their EU research projects will still receive funding from the British government, as long as the projects were bid for before the UK officially exits the EU (the date of which has not been set). The UK receives billions […]

South Korea’s Ministry of Strategy and Finance has forecast that the global biotechnology sector will hit the $2.61 trillion mark by 2024. With the aim of placing South Korea as one of the seven leaders in biotech, the South Korean government plans to eliminate policies that impede the development of new technologies and businesses in […]

Since the unveiling of the first lab-made meat hamburger in 2013, the cellular agriculture sector, in which biotechnology is used to make food products as opposed to animals, is burgeoning. With startup companies emerging around the US, it is unclear how the US government will regulate the new type of food production. Typically, the USDA […]

The culture of academic collaboration is beginning to change with the burgeoning practice of scientists asking for specific credit for who did what in regards to studies and R&D alliances. This has brought changes in scientific workplaces, but also in publications, where footnotes are dedicated to breaking down exactly who contributed what information. These changes […]

Company Announcements For the fiscal year ending March 31, Hitachi High-Technologies’ Science and Medical Systems (SMS) sales grew 7.8% to ¥177 billion ($1.5 billion = ¥120.08= $1) to account for 28% of company revenues (see IBO 4/30/16). Segment growth was driven by strong demand for electron microscopes and clinical analyzers. SMS operating margin declined 90 basis […]