Agilent Technologies Inc. is a global leader in life sciences, diagnostics and applied chemical markets.

The company announced that it has been selected as 2017 Company of the Year by Instrument Business Outlook (IBO).

IBO is the leading newsletter tracking trends and developments in the analytical and life science instrumentation, and laboratory products markets. 

IBO monitors hundreds of life science and analytical instrument companies on a daily basis, continually tracking financial developments and new market entries. 

The newsletter highlighted Agilent’s increased growth in revenues, operating profit, and net income, noting that the gains were the result of a sustained effort to position the company for future growth. 

IBO is a twice-monthly publication of SDi, a division of BioInformatics LLC, which offers custom market research and consulting, and strategic advisory services.

IBO will present the award to Agilent at the annual conference of the Society for Laboratory Automation and Screening (SLAS) in San Diego in early February.