Agilent Exec Says Success for Life Science Biz Means Shift from R&D Emphasis to Profits | GenomeWeb

CHICAGO – Agilent Technologies plans to focus its life science strategy on generating a greater return on its previous R&D investments in the space, according to a company official.

While the firm will continue to invest in developing new technologies for the life science market, R&D spending as a percentage of revenues will shrink from a current level of around 12 percent to the single-digit range, Nick Roelofs, vice president and general manager of Agilent's Life Sciences Solutions unit, told ProteoMonitor here this week during Pittcon.

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