Skip to main content
Premium Trial:

Request an Annual Quote

BioCommerce Week s Index to the Diversified Molecular Biology Tools Companies: Dec 2, 2004


Bruker Shares Continue to Be Buoyed by Laukien’s 200,000 Share Purchase

The share price of Bruker BioScience improved 6 percent over a six-day coverage period for the BioCommerce Week Index, closing Monday at $33.92, continuing a gain ignited largely by the insider purchase of 200,000 Bruker shares by CEO Frank Laukien.

Over the last two weeks, Bruker’s share price has improved 25 percent and led nine companies among the 15 select molecular biology tools companies tracked in the index during the six-day tracking period ending Tuesday. The usual five-day period was lengthened because of the Thanksgiving holiday in the US.

Beckman Coulter followed Bruker’s gain with a 3 percent improvement on the week, closing at $65.46 Tuesday, compared to $63.74 for the previous week. PerkinElmer shares were up 2.6 percent, closing at $21.33 Tuesday, compared to $20.80 last week. Sigma-Aldrich improved to $59.73 over the previous week’s $58.68, a 1.8-percent increase. Thermo closed at $30.25, up 1 percent over last week’s $29.91 price. Stratagene closed at $6.86, up almost 1 percent over last week’s $6.80, while Waters and Bio-Rad improved a fraction.

Harvard Bioscience was down 9 percent, closing at $3.96 from $4.34 a week ago to lead six BCW companies whose shares finished the week down. GE dropped 2 percent to $35.36 from last week’s $36.09, and Invitrogen fell 1.7 percent to $60.50 from $62.54. Other losers included Agilent, Molecular Devices, and Applied Biosystems.

While Agilent closed at $22.89, down from the previous week’s $23.08, the company share price has gained 14 percent since the BCW index debuted on Sept. 9.

Overall, the index finished at $34.04, an 8-percent improvement and a fifth consecutive week of gains.

For the week, the index outperformed the major market indexes. The Dow fell just under 1 percent for the five-day period while the S&P 500 fell a half percent and the Nasdaq index was up approximately one quarter percent. The Amex Biotech index was down a fraction of a percent while the Amex Pharma Index improved a quarter of a percent.

File Attachments
The Scan

Genes Linked to White-Tailed Jackrabbits' Winter Coat Color Change

Climate change, the researchers noted in Science, may lead to camouflage mismatch and increase predation of white-tailed jackrabbits.

Adenine Base Editor Targets SCID Mutation in New Study

Researchers from the University of California, Los Angeles, report in Cell that adenine base editing was able to produce functional T lymphocytes in a model of severe combined immune deficiency.

Researchers Find Gene Affecting Alkaline Sensitivity in Plants

Researchers from the Chinese Academy of Science have found a locus affecting alkaline-salinity sensitivity, which could aid in efforts to improve crop productivity, as they report in Science.

International Team Proposes Checklist for Returning Genomic Research Results

Researchers in the European Journal of Human Genetics present a checklist to guide the return of genomic research results to study participants.