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Agilent (A) and Carleton University Unveil Research Center

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Agilent Technologies Inc.A recently opened a research center in Ottawa, Canada, in partnership with Carleton University to facilitate advance research in the field of life sciences. This is an attempt on the part of the company to boost its Life Sciences business.

Located in the University's Department of Chemistry, the Carleton Mass Spectrometry Center is equipped with Agilent's mass spectrometers, gas and liquid chromatography systems and bioinformatics tools. The new analytical method, TrEnDi, will increase the sensitivity of mass spectrometry analyses at the center. The method also allows increased sequence coverage and peptide detection in proteomics analyses and better detection in metabolomics and lipidomics analyses.

Agilent is specializes in the manufacturing of measuring instruments. Its Life Science segment offers liquid chromatography systems, columns, tools and components. The Chemical Analysis segment, on the other hand, offers gas chromatography systems, tools and components.

This partnership will enable Agilent to enhance mass spectrometry for life science research, reaching new heights in the field of medicine, agriculture and industry.

According to Steve Fischer, marketing director, Academia and Government, the enhanced and sophisticated technologies will blend perfectly with Agilent's market-leading separations and mass spectrometry solutions, in turn, enriching the field of biochemistry.

Agilent Technologies provides measurement and technological solutions for chemical analysis, life sciences, diagnostics, electronics and communications industries. In the third quarter, the company reported revenues of $1.01 billion, up 5.3% sequentially and 0.5% year over year. Also, earnings of 44 cents beat the Zacks Consensus Estimate by 3 cents and came above the guided range of 38-42 cents.

Agilent currently has a Zacks Rank #3 (Hold). However, some stocks in the same space that have been performing well are GigOptix, Inc. GIG , Teradyne Inc. TER , and Applied Optoelectronics, Inc. AAOI . GigOptix sports a Zacks Rank #1 (Strong Buy), while Applied Optoelectronics and Teradyne carry a Zacks Rank #2 (Buy).

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AGILENT TECH (A): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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