Company Announcements Swiss-based Genohm opened its first US office in Durham, North Carolina, in March. Laboratory information system provider Sunquest Information Systems acquired GeneInsight in April. GeneInsight’s platform provides streamlined analysis, interpretation and reporting of complex genetic results to geneticists. GeneInsight Lab assists with variant annotation and filtration, knowledge management and interpretative report generation. GeneInsight […]
Company Announcements Fiscal first quarter sales for Brooks Automation’s Life Science Systems (LSS) segment grew 25.2% to $20.9 million (see IBO 2/29/16) to account for 17% of company sales. The acquisition of BioStorage (see IBO 11/15/15) added 39.0% to revenue growth, but was partially offset by currency headwinds of 2.4%. Organic LSS sales declined 11.4% […]
Company Announcements Calculus Capital announced in April a £2.25 million ($3.17 million) investment in Duvas Technologies, a developer of UV absorption spectroscopy systems. VUV Analytics announced an exclusive distribution agreement with Wasson-ECE Instrumentation to distribute its VGA-100 GC detector integrated with Wasson-ECE’s enclosures and process chromatography technology to provide fully automated process analyzers into hazardous […]
Company Announcements In May, Sartorius Stedim Biotech and contract discovery, development and manufacturing firm WuXi Biologics announced the opening of a joint laboratory in Shanghai, China to improve the capability and quality of biologics R&D in China. In June, Merck KGaA announced the relaunch of its global network of customer collaboration centers, the M Lab […]
There are plenty of options for compact flow cytometers. The hardware has shrunk to a point where some of these instruments can be held in one hand, making them extremely portable and less expensive than traditional flow cytometers. While these smaller cytometers may not have all the bells and whistles offered by a traditional instrument, […]
Total R&D spending for 22 leading publicly held instrument and lab product companies (see table, page 6) increased at a tepid pace in FY15 and declined as a percentage of sales due to restructuring initiatives, cost saving measures as well as sturdier top line growth. Several companies’ R&D expenditures benefited from currency effects, improved product […]
It was a challenging year for many publicly held contract testing lab companies, which provide a variety of analytical testing as well as other services across a range of industries. With networks of labs worldwide and extensive testing capabilities, such companies are major customers for analytical instrumentation and lab products. Their acquisition activities, lab expansions […]
Minneapolis, MN 7/1/16; Minneapolis, MN 7/6/16—Bio-Techne has acquired two companies. On July 6, the company announced the purchase of Advanced Cell Diagnostics (ACD) for $250 million in cash plus an additional $75 million based on attaining certain milestones. ACD provides consumables for genomic analysis for research and diagnostic applications. Its products include the RNAscope RNA […]
Brumath, France & Nottingham, UK 7/5/16—France’s Dominique Dutscher (DD) and the UK’s Scientific Laboratory Supplies (SLS), two independent laboratory product distributors, have announced a merger agreement. Financial details were not disclosed. The new company, the largest independent European distributor of lab products, will have revenues of €180 million ($200 million = €0.90 = $1). The […]
Goettingen, Germany 7/15/16; Broomfield, CO 7/15/16—Sartorius, a supplier of pharmaceutical and lab equipment, has acquired ViroCyt for $16 million. ViroCyt provides automated platforms for virus counting. In 2016, ViroCyt’s sales are expected to grow double digits to more than $3 million, with break even underlying EBITDA anticipated by the end of 2018. “After acquiring the […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
