Instrument News – January 2023 – content
Life Sciences
Robotics expert bought by investment company
BICO sells cash cow Ginolis to management
TFS eyes Olink to complement LS and MS offering with protein biomarker capabilities
Investor consortium acquires assets of bankrupt Vironova
ONT receives investment from IVD expert
Spear Bio closes oversubscribed seed round
General Laboratory
Equity company creates sample prep automation expert
Excelitas acquires specialty light source company
Illumina gives in on Grail divestment
Photonis rebrands following four-company shopping spree
Analytical Instruments focus of Calibre’s latest two acquisitions
DKSH acquires leading Australasian laboratory distributor
STC brings technical ceramics expertise to IDEX HTS
Acquisition sparks new reporting division at Xylem
Process and Laboratory Instrumentation
LI-COR makes acquisitions and strengthens Asian footprint
3M Health Care business to rebrand on spin out
Merck invests in global manufacturing sites
Funding boost for BioFlyte’s commercialisation efforts
Nynomic invests in technology bringing MIR to industrial processes
KPM buys AI computer vision expert
Financials
Underlying growth at Tecan at 7%, while Covid hangover continues
Olink’s growth rate dips at eve of acquisition
Merck LS hit by dropping Covid demand and destocking
LGC sees sales growth despite Covid headwinds
Cytek buoyed by FCI business purchase
Recovery continues as Judges Scientific’s purchases add half of growth
IDEX HST hit by destocking in analytical instrument market
DKSH Technology beats sister divisions by growth
Xylem M&CS sees strong recovery
Additional costs push profitability into the red at Analytik Jena
Starna declines in its fiscal 2022
Environmental instruments stagnate, while Teledyne hails record sales
Reduced biopharma sales hit 3M’s HC division ahead of spin out
908 Devices driven by handheld devices sales
Inficon optimistic despite cyclical slowdown in chip market
Honeywell driven by sustained aerospace recovery
Semiconductor slump affects Nynomic
Appointments