Company Announcements Cepheid’s 2015 Non-Clinical revenue declined 1.2% to $28.7 million, or 5% of total revenues. North America Non-Clinical sales grew 11.0% to $27.6 million due to increased grant and collaboration revenues. International Non-Clinical sales fell 75.0% to $1.0 million. Non-Clinical revenue is also expected to decline in 2016. In February, Cepheid named Warren Kocmond, […]

Company Announcements Sartorius 2015 sales grew 25.1%, 16.0% organically, to €1.1 billion ($1.2 billion) (see IBO 4/15/16). Adjusted operating profit grew 52.5% to €204.9 million ($227.7 million). Lab Products & Services (LPS) revenue increased 5.0% excluding currency to €305.5 million ($339.5 million), with sales in Asia Pacific, EMEA and the Americas up 11.4%, 2.9% and […]

Company Announcements Spark Holland added Axel Semrau as a “Value Added Partner” for Switzerland and Austria. The companies have worked together for five years in Germany. In May, Purigen Biosystems completed an $18.2 million Series A financing from 5AM Ventures and Roche Venture Fund. The company plans to commercialize an isotachophoresis-based benchtop system for automated […]

The migration from HPLC to UHPLC continues to fuel growth in the overall LC market, with performance, workflow and productivity enhancements driving end-user purchases. LC manufacturers are making the transition for end-users somewhat seamless, particularly with the expansion of column chemistries, including the use of sub–2 µm, sub–3 µm and superficially porous particles (core shell) […]

London, UK 5/23/16; Stansted, UK 5/23/16; London, UK 5/25/16—Publicly held Elektron Technology, a supplier of engineered products for companies that connect, monitor and control, has sold its Agar Scientific business to management and private equity group Foresight Group for £2.3 million ($3.4 million = £0.68 = $1) in cash. Foresight Group invested £1.9 million ($2.8 […]

New York, NY 5/16/16—Enzo Life Sciences, a subsidiary of Enzo Biochem, will receive a $35 million payment as part of a settlement with Thermo Fisher Scientific (formerly Life Technologies) in its suit alleging infringement of US Patents Nos. 6,992,180 (Oligo- or Polynucleotides Comprising Phosphate Moiety Labeled Nucleotides) and 7,064,197 (System, Array and Non-Porous Solid Support […]

Columbia, MD 5/24/16—W. R. Grace has exited the majority of its lab LC media and columns businesses, retaining its VYDAC and DAVISIL media for process chromatography, Syloid FP excipients for drug formulations, and custom manufacturing of regulatory starting materials and intermediates. Hichrom will exclusively distribute VYDAC HPLC columns and has also acquired several Grace HPLC […]

Waltham, MA and Hillsboro, OR 5/27/16—Thermo Fisher Scientific has made an offer to acquire publicly held FEI for $107.50 per share, or $4.2 billion (excluding $400 million of FEI cash) in cash and debt. This is a 13.7% premium over the closing price on May 26. A designer and manufacturer of high-performance electron microscopes, FEI […]

A majority of large publicly held instrument and lab product companies maintained positive growth momentum in the first quarter due to sustained demand from biopharmaceutical markets, as well as strong life science and applied spending in China. Favorable pricing along with reduced currency headwinds further contributed to growth. As a result, combined calendar year first […]