A study by the Tufts Center for the Study of Drug Development (CSDD) has found that the number of cancer drugs in clinical development has more than doubled between 1990 and 2006. However, only 8% of these drug candidates received marketing approval during the studied period. When broken down by compound type, market approval percentages […]
AOAC International held its annual meeting and exposition from September 16 to 20 at the Hyatt Regency in Anaheim, California. The meeting’s return to California after a five-year absence appeared to have increased attendance. The AOAC reported 845 registered attendees, up from just over 800 last year, including about 230 international attendees. A number of […]
According to a report published this month in the Archives of Internal Medicine, serious and fatal adverse drug events (ADEs) reported to the FDA’s Adverse Event Reporting System (AERS) have more than doubled in the period 1998–2005. Established in 1998, the AERS receives ADE reports from the FDA and drug manufacturers. Serious ADEs increased by […]
A new report by the American Chemistry Council (ACC) shows that the pace of the global chemicals industry is slowing. Global production on a year-over-year basis grew 4.7% in the first quarter, and is up 4.9% excluding pharmaceuticals. Chemical production this year is expected to increase 4.7%, up slightly from the 4.5% growth of 2006. […]
In August, the US Patent and Trademark Office (USPTO) announced new rules for the patenting process, which will take effect on November 1. Under the new rules, patent submissions can not include more than 25 claims, and inventors will only be able to file two new “continuing applications,” which allow inventors to add further claims […]
As IBO’s annual review of publicly listed contract testing lab companies shows, it was another year for revenue growth at the world’s largest laboratory service companies serving a diversity of industries. The pace of consolidation appeared to slow, but global expansion continued. The activities of three major contract testing companies, Campbell Brothers ALS, Eurofins and […]
Recently, a number of announcements have highlighted the growing presence of instrument companies in the contract services market. Although not a new development, instrument companies’ presence in this market is expanding, as they seek to capitalize on the increased outsourcing of specialized lab services. The new services provide a variety of technologies and applications, and […]
Each year, the IBO Design Awards honors the best in industrial design of analytical instruments and laboratory equipment. This year’s winners encompass a diversity of approaches to the challenge of designing a product whose visual appearance complements and distinguishes the product’s technical abilities. IBO again this year recognizes industrial design in three product categories: analytical […]
: In June, DuPont and Environmental Defense (ED) introduced the Nano Risk Framework, a joint effort to improve research on environmental, health and safety issues pertaining to nanotechnology. At its most basic level, the Framework calls for a multistep risk analysis assessment before the use of nanotech products or processes, followed by regular reexaminations of […]
Costs for oil discovery equipment and labor have kept pace with rising oil prices over the years, and are expected to drive prices higher yet. Cambridge Energy Research Associates estimates that capital expenditures for exploration in the oil industry have gone up almost 80% since 2000. In comparison, the average price of West Texas Intermediate […]
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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.
