The 2016 American Association for Cancer Research conference (AACR) was held April 20–26 in New Orleans, Louisiana. Keynote speaker Vice President Joe Biden addressed nearly four thousand assembled on the final day and remarked, “There is more brain power in this room than exists in many countries. And we need you. You’re the very best […]
Executive compensation tapered in FY2015 due to the lower value of equity awards and a strong FY2014 comparison, in which average total pay jumped double digits (see IBO 5/15/15). Presidents and CEOs For the 17 presidents and CEOs in IBO’s Laboratory Instruments and Products Stock Index (Lab Index), who have served in their respective roles […]
After the primary analysis of NGS data, the power of genomic analysis software lies within its ability to perform secondary and tertiary analysis. During secondary analysis, data reads are reassembled and filtered to represent the underlying biology, while tertiary analysis software analyzes variants and their similarities to references. With advancements in technology and the necessity […]
Pittcon 2016 (see IBO 3/15/16) has announced its final attendance figures. The number of attendees totaled 12,841, a 10.0% decrease from the prior year. Next year, Pittcon will be held in Chicago, Illinois, from March 5 to March 9.
New funding, both public and private, announced since the beginning of the year promises opportunities for laboratory instrument and product purchases. Last month, Paul Allen, cofounder of Microsoft, announced the formation of the $100 million Paul G. Allen Frontiers Group, designed to fund “out-of-the-box approaches” to bioscience research. Funding will be awarded through the Allen […]
Company Announcements Brooks Automation announced in March a restructuring plan, not related to the macroeconomic environment, designed to streamline business operations, advance market responsiveness and achieve $15 million in annualized cost savings. It is expected to result in $7 million in restructuring charges for the year. The cost savings are expected to be substantially completed […]
Company Announcements MTS Systems disclosed in its fiscal 2015 annual report material weaknesses in its internal control over financial reporting related to risk assessment, information and communications, and monitoring processes with respect to revenue; identification of deliverables contained in multiple element revenue arrangements; and timely closure of revenue projects and release of residual accrued costs. […]
Company Announcements In January, Biognosys announced a Series C funding round, which will be used in part to establish US business development and service operations, based in Boston. SCIEX and Singapore’s Bioprocessing Technology Institute announced a collaboration to advance biologics R&D, specifically the development of accurate and high-throughput methods for contaminant analysis. In February, SCIEX […]
Company Announcements SomaLogic announced collaborative projects with the University of Oxford to discover and characterize protein biomarkers. SomaLogic announced in March the receipt of up to $60.5 million in debt and equity financing from Visium Healthcare Partners. In February, Gen9 and SynbiCITE, a UK-based Innovation and Knowledge Centre, partnered to provide SynbiCITE access to the […]
Company Announcements In January, IKA promoted Refika Bilgic to CEO of US-based IKA Works. PerkinElmer acquired Vanadis Diagnostics, a developer of a solution for NIPT based on digital analysis of cell-free DNA. The solution is designed to provide automated testing for routine use by high-throughput biochemistry labs as well as genetic labs. In February, PerkinElmer […]
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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.
