Bio-Rad Delivers Strong LS Results Bio-Rad Laboratories Life Science (LS) recorded nearly double-digit quarterly sales growth due to a weak comparison in China and a strong backlog, which was bolstered by system-related challenges in the third quarter of 2015. LS first quarter sales climbed 6.4% to $165.9 million to account for 35% of revenue. Excluding […]
Venlo, the Netherlands 5/19/16; Venlo, the Netherlands 6/8/16; Copenhagen, Denmark 6/8/16—For a third time, QIAGEN has extended its offer to acquire the outstanding shares of publicly held Exiqon (see IBO 3/31/16). The offer period has been extended to June 22, following previous deadlines of May 18 and June 2. On June 8, QIAGEN lowered the […]
London, UK 6/3/16; London, UK 6/9/16—Continental Investment Partners and Harwood Capital (the offerors) disclosed in a public filing that they are evaluating making an offer worth £62.9 million ($ 91.2 million = £0.69 = $1) for publicly held Source BioScience. Source BioScience consists of two divisions: Laboratory Services (Diagnostics, DNA Sequencing and Genomics, Analytical and […]
Skokie, IL 6/2/16; Skokie, IL 6/10/16—Integrated DNA Technologies (IDT), a provider of custom nucleic acids, has purchased two companies for undisclosed amounts. Earlier in the month, IDT purchased MBiotech, a South Korean company that has distributed IDT products for over 10 years. MBiotech also distributes other companies’ products, which it will continue to do. “MBiotech’s […]
Radnor, PA 6/2/16—Lab product, service and solutions company VWR has acquired Netherlands-based JM Separations, a provider of single-use fluid handling and separation technology, including single-use bag systems, and custom solutions for media/buffer preparation, cell harvesting, and for clarification, concentration and chromatographic processes. Financial details were not disclosed.“The acquisition will broaden VWR’s single-use product and service […]
Richmond, VA 6/9/16; New York, NY 5/13/16—Health care services and information technology firm McKesson has purchased LABSCO from Frazier Healthcare Partners for an undisclosed amount. The purchase was completed on May 13. A distributor of capital equipment and private label products, LABSCO provides lab solutions to community hospitals, large doctors’ offices and specialty regional labs. […]
In the US, dietary supplements (DS) are not required to undergo the same stringent testing, standardization and regulation as pharmaceutical drugs, leaving opportunities for DS companies to make misleading claims, mislabel packages and use contaminated ingredients. Adulteration of DS has long been a concern of consumers and regulatory bodies due to the lack of required […]
The annual American Society for Mass Spectrometry (ASMS) conference was once again marked by a robust technical program and multiple new product releases. Held this year in San Antonio, Texas, registration for the conference totaled 6,267, up 2.9% from last year, when the conference was held in St. Louis, Missouri (see IBO 6/15/15). One of […]
One of the more interesting developments in molecular spectroscopy over the past 10 years has been the introduction of spectrometers designed for use with small samples, generally on the order of a microliter. The need for such devices stems primarily from life science researchers. Foremost among the applications that have been enabled by these instruments […]
Agilent Shines Agilent Technologies topped fiscal second quarter expectations as sales climbed 5.8%, 8.0% organically, to $1.0 billion. Currency headwinds and divestments impacted sales growth by 1.3% and 0.8%, respectively. Organic sales were driven by strong double-digit growth in China, especially in food and biopharmaceutical markets. Sales further benefited from enhanced revenue cycle times as […]
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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.
