The market for analytical instruments used in the environmental testing sector is currently undergoing slower growth in reaction to global economic conditions. In coming years, the highest levels of sales growth are expected for techniques that make up only a small percentage of the market. In 2010, the environmental analysis instrument market is expected to […]
AVOS Life Sciences estimates that by 2013, biologics will account for 40% of the 14 major drug companies’ portfolios of branded drugs with more than $500 million in yearly sales, up from 26% last year. For the period, both GlaxoSmithKline (GSK) and Abbott will be among the top three firms in terms of sales and […]
R&D spending by the one thousand public companies that spend the most on R&D increased 5.7% last year to $532 billion, as operating profits declined 8.6% and sales grew 6.5%, according to the Booz & Company’s “Global Innovation 1000” report. R&D as a percentage of sales was flat at 3.6%. R&D spending by these companies […]
According to a report commissioned by the Coca-Cola Retailing Research Council Asia and prepared by McKinsey & Company, retailers in Asia should be more active in setting standards for food safety and freshness. To contain threats, retailers need a management framework for their entire supply chain. Retailers should also focus on so-called “hot spots,” where […]
The latest forecast from the World Steel Associates estimates that apparent steel use (steel delivered to the marketplace) will contract 8.6% this year to 1,104 million metric tons before rebounding in 2010 to grow 9.2%. Leading the rebound will be nations covered by the North American Free Trade Agreement, for which steel demand is expected […]
Seven major US medical centers are embarking on tumor genotyping programs for lung cancer in order to improve cancer research, recruit patients for clinical trials and tailor drug treatment. Memorial Sloan-Kettering Cancer Center (MSKCC) is currently testing all lung adenocarcinoma patients for the EML4-ALK fusion gene, as well as 40 additional mutations found in seven […]
The EPA has issued its Nanomaterial Research Strategy (NRS), which will guide its Office of Research and Development’s (ORD) nanomaterial research program. The NRS employs a comprehensive environment assessment approach from a life cycle perspective. The ORD will implement the NRS by funding Science to Achieve Results grants, Small Business Innovation Research grants, and research […]
The World Economic Forum’s “Global Competitiveness Report 2009–2010” ranks Switzerland as the most competitive country, followed by the US, Singapore, Sweden and Denmark. Rankings were based on a Global Competitiveness Index, which is composed of 12 pillars of competitiveness, including innovation. Japan, Germany, Switzerland, Sweden and Finland were rated the highest for innovation capacity. Switzerland, […]
Emerging Markets Online estimates that $1 billion has gone into algae research for fuel since 2007. Algae require little land to grow, can capture carbon dioxide and can even be grown in wastewater. However, algae’s low yields, contamination and harvesting present challenges. This summer, ExxonMobil, in partnership with Synthetic Genomics, announced a six-year $600 million […]
An investigation by The New York Times has found that violations of the US’s Clean Water Act have increased in recent years, and that the majority of violators are not punished. The Clean Water Act regulates more than 100 pollutants. The Safe Drinking Water Act (SDWA) sets limits for 91 chemicals or contaminants in tap […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
