Front-end automation drives Tecan's sales:
This article was originally published in Clinica
Swiss company Tecan, a manufacturer of laboratory automation systems, saw turnover rise 15% to SwFr164 million ($110 million) in 1998. The Hombrechtikon-based company attributes the growth mainly to demand for its front-end automation systems. New orders remained flat at SwFr159 million, largely due to the economic situation in Asia. The company says operating profits rose during the year, despite its nearly doubling R&D expenditure. For the coming year, Tecan expects double-digit sales growth.
You may also be interested in...
The head of the European Medicines Agency is nearing the end of his tenure. We consider Guido Rasi’s achievements over the past 10 years as well as the controversies that have arisen under his leadership – and report that sailing is likely to figure in his plans for life after the agency.
Can shaving ever be “friction free”? Not according to Procter & Gamble, which challenged in a complaint to the UK Advertising Standards Authority a claim made by a British cosmetics firm FFS that it provided a “friction free” shaving experience for women via its subscription razor service.