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Instrument Business Outlook

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Carestream Molecular Imaging partnered with LA-BREPCO.(Life Science Instruments: Company Announcements)
Carestream Molecular Imaging partnered with LA-BREPCO to support and enhance sales of KODAK optical molecular . . .

Lab901 announced in April that it raised 3.55 million [pounds sterling] ($7.0 million) in a funding round led by Alliance Trust
Lab901 announced in April that it raised 3.55 million [pounds sterling] ($7.0 million) in a funding round led by Alliance Trust Equity Partners, a new . . .

ZS Genetics.(Life Science Instruments: Company Announcements)
ZS Genetics joined the Archon X Prize competition to sequence 100 human genomes within 10 days for less than $10,000 per genome. ZS Genetics' system is based on transmission electron microscopy . . .

Helicos BioSciences.
Helicos BioSciences named Stephen P. Hall senior vice president and CFO in May. He was formerly CFO of TriPath . . .

Helicos Biosciences.(Life Science Instruments: Company Announcements)
Claire M. Fraser-Liggett, PhD, and Steven St. Peter, MD, resigned from Helicos Biosciences' Board in . . .

Precision System Science, reagent company Diagenode SA and Nippon Gene announced plans.(Life Science Instruments: Company Announ
Precision System Science, reagent company Diagenode SA and Nippon Gene announced plans to develop an automated epigenetic . . .

France.(Region Watch)
France: France has selected the 10 project locations that will receive increased funding as part of President Sarkozy's Operation Campus plan to raise the international visibility and status of . . .

China.(Region Watch)
China: China has proposed new patent laws that may make filing a patent in the country harder, but challenging a domestic patent easier. One of the new laws would require a foreign firm to file a . . .

Europe.(Region Watch)
Europe: Pharmaceutical R&D spending in Europe rose 5.0% to an estimated 26.0 billion [euro] ($35.6 billion) in 2007, according to the European Federation of Pharmaceutical Industries and . . .

Food.(Industry Watch)
Food: The 31st meeting of the Codex Alimentarius Commission (Codex) was held from June 30 to July 4 in Geneva, Switzerland. The Codex, an organization formed by the World Health Organization and . . .

Chemicals.(Industry Watch)
Chemicals: The chemical sector may be particularly vulnerable to conditions created by the credit crisis, according to some observers. Private equity companies have purchased many chemical . . .

Energy.(Industry Watch)
Energy: According to a new report from the United Nations Environment Program (UNEP) and New Energy Finance, R&D expenditures for renewable energy and energy efficiency totaled $16.9 billion . . .

Half-year litigation review: two trial dates approach.
In the first of IBO's twice yearly report on new litigation among analytical instrument and laboratory product providers, we take a look at new patent infringement cases, as well as update the . . .

Currency effects boost lab equipment/consumables sales.
First-quarter revenues for the IBO Lab Equipment/Consumables Index grew 10.5% to $887.72 million. Operating profits improved 14.8% to $265.8 million, and operating margin climbed 110 basis points . . .

Corbett files claim against Applied Biosystems.(Executive Briefing: News & Views for Executives)
Oakland, California 6/30/08 -- Corbett Life Science has filed a claim in the US District Court for the Northern District of California seeking declaratory judgment of noninfringement, invalidity . . .

QIAGEN purchases instrument company.(Executive Briefing: News & Views for Executives)
Venlo, The Netherlands 7/1/08 -- QIAGEN NV has purchased Corbett Life Science for $66 million in cash, $4 million in restricted common stock, and milestone payments and other contingencies worth up . . .

Agilent invests in particle sizing.(Executive Briefing: News & Views for Executives)
Santa Clara, CA 7/8/08 -- Agilent Technologies has acquired Particle Sizing Systems for an undisclosed amount. Particle Sizing Systems designs and manufactures instruments based on laser . . .

Thermo steps up RNAi market presence.(Executive Briefing: News & Views for Executives)
Waltham, MA 7/1/08 -- Thermo Fisher Scientific has acquired Open Biosystems, which provides RNAi, gene expression and protein detection products. Open Biosystems specializes in short-hairpin RNA . . .

2007 R&D spending by instrument firms.
In calendar year 2007 (CY07), total R&D spending by 18 major analytical and life science instrument companies sustained strong growth, according to IBO's annual survey of R&D . . .

Two leading Indian markets.
The estimated value of the Indian analytical instruments market for 2009 is $940 million. Among the nine categories of analytical technique cited by IBO in its forecast issue (see IBO 1/15/08), . . .

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