Navigation Links
Instrumentation Laboratory Achieves Record Sales in 2009
Date:5/5/2010

BEDFORD, Mass., May 5 /PRNewswire/ -- Instrumentation Laboratory (IL) today announced total worldwide sales in 2009 of euro 425.3M ($586.4M USD).  This represents 11.2% growth v. previous year in current, and 13.2% in local currencies.  In the Company's two major business segments, Critical Care and Hemostasis Diagnostics, worldwide growth in local currencies was 13.2% and 12.4%, respectively.

"In spite of the major economic downturn, 2009 was a highly successful year for IL," said Josep Manent, Chief Executive Officer at IL.  "Unlike many of our competitors, we were able to achieve significantly greater growth than is typical in a positive economy."  

Contributing to IL's success in 2009 was a continuous stream of innovative product offerings.  Sales of their flagship Critical Care offering , the GEM Premier 4000 analyzer, grew considerably throughout the world due to its ease of use and its Intelligent Quality Management (iQM®) automated quality assurance system which enhances patient safety and ensures optimal test results.  The launch of the new Total Bilirubin assay on the GEM Premier 4000 in Europe, in addition to key new information management enhancements to their GEMweb® Plus Custom Connectivity offering, further propelled its success.  Additionally, IL successfully commercialized the GEM Premier 3500 analyzer with iQM in early 2009.

On the Hemostasis side, sales of the ACL TOP® Family of Testing Systems, offering "Testing Process Automation" for enhanced efficiency, grew significantly throughout the world, led by the ACL TOP 500 for mid-size labs.  IL also expanded its instrument offering with the launch of the new ACL TOP 700 LAS, designed to meet the needs of highly automated laboratory systems.  For the past seven years, the comprehensive HemosIL® line of reagents has consistently dominated the market with the most sophisticated assays for the diagnosis of disease and monitoring of anticoagulant therapy, and in 2009, IL continued this trend.  The introduction of several key new assays (e.g., Liquid Heparin), obtaining FDA-clearance for the exclusion of VTE on its D-Dimer HS 500 assay, and the worldwide launch of the Xpert® HemosIL FII & FV assay,  solidified IL's position as a leader and innovator in Hemostasis testing solutions.  

"For several years, we have maintained double digit growth and in 2009, facing challenging macroeconomic conditions, we successfully continued this trend," said Ramon Benet, Vice President of Worldwide Marketing, US Sales and Service at IL.  "Our organic growth is a testament to the confidence our customers place in our products and services; and, to the quality of our products, our people and our strategy."

IL's success in 2009 is visible in its outstanding above-market level of growth, not only in mature markets, but also in new territories, such as China and Latin America.  This growth also triggered the acquisition of new facilities in the US, to meet the expanding Manufacturing and R&D demands.  

Instrumentation Laboratory (www.ilus.com), founded in 1959, is a worldwide developer, manufacturer and distributor of in vitro diagnostic instruments, related reagents and controls for use primarily in hospitals and independent clinical laboratories.  The company's product lines include critical care systems, hemostasis systems and information management systems.  IL's GEM® product offerings, part of the critical care line, include the new GEM Premier 3500 with Intelligent Quality Management (iQM®), GEM Premier™ 4000 analyzer, GEMweb Plus Custom Connectivity, and the GEM PCL Plus, a portable coagulation analyzer.  IL's hemostasis portfolio includes the ACL TOP® Family of Hemostasis Testing Systems, fully automated, high-productivity analyzers, including the ACL TOP, the new ACL TOP LAS and the ACL TOP 500 CTS.  IL also offers the new ACL AcuStar™, ACL ELITE® and ELITE PRO, other hemostasis analyzers and the HemosIL® line of reagents.  IL is based in Bedford, Massachusetts.

The Instrumentation Laboratory logo, GEM, GEMweb, iQM, HemosIL, ACL TOP, ACL ELITE, and ACL AcuStar are trademarks of Instrumentation Laboratory Company and/or one of its subsidiaries or parent companies, and may be registered in the United States Patent and Trademark Office and in other jurisdictions.  Xpert is a registered trademark of Cepheid.  All other product names, company names, marks, logos, and symbols are trademarks of their respective owners.


'/>"/>
SOURCE Instrumentation Laboratory
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Patient-Specific Surgical Instrumentation Expedites Total Knee Replacement Procedures
2. Instrumentation Laboratory Receives 510(K) Clearance From FDA and Canadian License for HemosIL(R) D-Dimer HS 500 Assay
3. Amerinet Awards Contract to Instrumentation Laboratory for Critical Care Portfolio
4. Instrumentation Laboratory Installs 2000th ACL TOP(R) System
5. Instrumentation Laboratory Receives FDA Clearance for HemosIL RecombiPlasTin 2G Assay
6. NeoStem, Inc. Officially Launches Adult Stem Cell Collection Center and R&D Laboratory in Cambridge, Massachusetts
7. New Boehringer Ingelheim Science Quest Mobile Laboratory Brings Hands-On Science Education to Priority Connecticut Elementary Schools
8. Gorbec Pharmaceutical Services, Inc. Announces the Launch of Its GMP Analytical Laboratory in China
9. Health Diagnostic Laboratory Inc. Announces New Preventative Model to Chronic Disease Management
10. Honeywell and Pro-Lab Sign Distribution Agreement for Laboratory Chemicals in Turkey
11. Enigma Diagnostics Showcases Its Unique Fully Automated rtPCR Based ML (Mini-Laboratory) Instrument For Point-of-Care Testing at MEDICA 2009 In Dusseldorf, Germany
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/29/2017)... , March 29, 2017  Spiral Therapeutics, ... agreement with Bionure Farma, S.L. for the worldwide ... to BN119 in the field of otolaryngology for ... sales-based royalties. The agreement provides Spiral with ... with a differentiated product profile. Under the terms ...
(Date:3/29/2017)... HEIGHTS, Utah , March 29, 2017 /PRNewswire/ ... ) announced today the appointment of Cynthia ... Operations.  Cyndi will be responsible for leading Dynatronics ... organization and will report to Dynatronics, CEO ... Cyndi,s appointment concludes an extensive search process conducted ...
(Date:3/29/2017)... SPRING, Md. , March 29, 2017 On March ... (ocrelizumab) to treat adult patients with relapsing forms of ... This is the first drug approved by the FDA ... a health care professional.  "Multiple sclerosis ... said Billy Dunn , M.D., director of the ...
Breaking Medicine Technology:
(Date:3/29/2017)... ... 29, 2017 , ... Dr. Angela Cotey, a noted general dentist in Mt. ... patients, with or without a referral. Dr. Cotey knows that interceptive orthodontics ... experience. When patients receive early treatment, they may achieve straight teeth with less treatment ...
(Date:3/29/2017)... ... 2017 , ... An inventor from Raynham, Mass., knows the ... conjunction with my braces always rubbed against the inside of my cheeks, causing ... problem." The O.B.S. was the result of his brainstorming. , This patent-pending invention ...
(Date:3/29/2017)... , ... March 29, 2017 ... ... and South Hills of Pittsburgh now have easier access to the robotic-assisted ... by Allegheny Health Network (AHN). Orthopaedic surgeons at Forbes Hospital and Jefferson ...
(Date:3/28/2017)... ... March 28, 2017 , ... A recent Bellwether Education ... quality, the field must first improve teacher preparation program design. It then asserts ... and that decades of input- and outcome-based research has failed to improve teacher ...
(Date:3/28/2017)... ... March 28, 2017 , ... Resoundant, ... be invited to the Siemens Healthineers annual customer education symposium, a world-class learning ... take place from March 27 - 31, 2017 at the Atlanta Marriott Marquis ...
Breaking Medicine News(10 mins):