The US Department of Agriculture’s (USDA) Global Agricultural Information Network has supplied an informal translation of China’s 12th Five-Year Plan for National Food Safety Standards, which was published by seven Chinese ministries and government agencies in June. Goals of the Plan include quicker development and revision of food safety standards, the creation of a national […]
Half of the 450 dietary-supplement firms the FDA has inspected since 2008 have failed to adhere to 2007 regulations regarding supplement production, packing and storage. A quarter of the 1,400 firms in the $28 billion dietary-supplement industry were sent warning letters. In 2012, two-thirds of the 200 firms the FDA has inspected have violated regulations. […]
As part of an Annex to the Advanced Manufacturing Partnership Steering Committee’s June report, Capturing Domestic Competitive Advantage in Advanced Manufacturing, the results of a series of surveys of industry and university personnel about manufacturing are presented. When asked which industries were essential for US manufacturing to stay competitive, 75% of industry respondents cited advanced […]
In a report released this month, IMS predicts global drug spending to have a compound annual growth rate (CAGR) of 3%–6% through 2016 to reach $1.2 trillion. CAGRs of the US and developing countries will be 1%–4% and 12%–15%, respectively. Spending on brand name drugs, mostly by developed markets, will account for 53% of spending […]
At its press conference announcing its purchase of Navigenics (see page 2), Life Technologies provided details of its plan to grow its diagnostics business. Ronnie Andrews, president of Medical Sciences, cited the company’s qPCR, FISH probes and antibody products as among the product lines that will contribute to its diagnostic offerings. As an example of […]
Radnor, PA 7/26/12; Washington, DC 7/25/12—VWR International Chairman, President and CEO John Ballbach has left the company, effective July 25. Manuel Brocke-Benz, senior vice president and managing director of Europe, Lab and Distribution Services, has assumed the position of interim CEO. The company has initiated a search for a new CEO. Mark McLoughlin, senior vice […]
Waltham, MA and Canoga Park, CA 7/16/12—Thermo Fisher Scientific has agreed to acquire One Lambda for $925 million in cash, subject to post-closing adjustment. One Lambda provides diagnostic tests that are used by transplant centers for tissue typing, primarily to determine the compatibility of donors and recipients pre-transplant and to detect the presence of antibodies […]
Carlsbad, CA 7/25/12—Life Technologies has acquired Pinpoint Genomics, a developer of an early-stage non-small cell lung cancer test for the identification of patients at risk for late-stage disease. “We see an opportunity in lung cancer to change the treatment paradigm with more effective diagnostics,” stated Gregory T. Lucier, chairman and CEO of Life Technologies. “As […]
Carlsbad, CA 7/16/12—Life Technologies has acquired Navigenics, a developer of genetics-based products and services, for an undisclosed amount. Life Technologies stated the acquisition was a first step in its strategy to build out its molecular diagnostics business. “The advent of personalized medicine will require a combination of technologies and informatics focused on delivering relevant information […]
Held July 15–19 in Los Angeles, California, the annual American Association for Clinical Chemistry (AACC) conference hosted tens of thousands of attendees. The conference presentations and exhibits encompassed both traditional clinical chemistry technologies, such as clinical analyzers, as well as molecular diagnostics techniques, including DNA sequencing and PCR. The conference was held at an interesting […]
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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.
