PerkinElmer Inc. (NYSE:PKI) and VWR International LLC are joining forces to offer a new service aimed at helping life science researchers stock and maintain their lab equipment.
The Waltham, Mass.-based diagnostics and lab equipment maker said its OneSource operation, part of its analytical sciences and lab services division, will work with West Chester, Pa.-based VWR on the joint service offering. It will provide “multi-vendor maintenance and qualification service” for a wide range of lab supplies and equipment, ranging from the pipettes and pH meters sold by VWR to the sophisticated analytical instruments PerkinElmer makes.
PerkinElmer Analytical Sciences & Laboratory Services president Dusty Tenney said the deal creates “a service solution that addresses a wide range of laboratory equipment for optimum cost-savings, service model simplification and lab productivity.”
Third-quarter earnings slumped at PerkinElmer, with slower sales and restructuring costs catching much of the blame for the decline.
Overall sales fell 9 percent to $437.1 million during the three months ended Sept. 30, 2009, down from $478.8 million in Q3 2008. Net income was $13.6 million, or 14 cents per share, off $38.3 million from the $51.9 million, 35 cents-per-share profit reported for the third quarter of 2008.
Absent special charges, the Waltham, Mass.-based life sciences firm earned 30 cents a share, also down from $0.34 in adjusted profits in 2008, but ahead of company projections and Wall Street estimates for the quarter by at least three cents.
DeviceTalks Minnesota's leadership track is designed to provide attendees with insights on topics such as:
Use code SAVE15 to save 15%!