The market for high-end GC/MS technologies has been experiencing rapid growth over the past several years, led by robust demand from environmental and food-testing applications. Users are migrating from single-quadrupole MS to triple-quadrupole MS technology for quantitative analysis of known compounds. While Q-TOFs MS systems are more widely recognized for their use with LC, their […]
develop companion diagnostics. Thermo Fisher Scientific on September 25 announced a partnership with GlaxoSmithKline and Pfizer to develop an NGS oncology test for solid tumors. The test will be used as a companion diagnostic for several drug programs after premarket approval from the FDA and other regulatory agencies. The test will apply to CNVs, gene […]
Company Announcements For the fiscal first quarter ending June 30, Hitachi High-Technologies Science and Medical Systems (SMS) sales climbed 33% to ¥38.8 billion ($380.1 million = ¥102.09 = $1) to account for 25% of company revenues (see IBO 7/31/14). Medical product sales jumped 53%, and sales of Biotechnology and Other products grew 16% to account […]
Company Announcements RUCDR Infinite Biologics was named a RainDance Center of Excellence in June. Thermo Fisher Scientific in July signed an exclusive agreement with NewLab Engineering, a subsidiary of COPAN Italia, to distribute Card Processing Automation technology for preparing DNA samples for human identification in forensic, paternity and research labs. Under an OEM agreement with […]
Company Announcements The Nestlé Institute of Health Sciences and Waters commenced in June their collaboration to develop assays for the quantification of vitamins in biological fluids. Bruker announced in June the clearance of its MALDI Biotyper as a medical device by the China Food and Drug Administration for the identification of micro-organisms isolated from human […]
Company Announcements In July, investment-firm StoneCalibre acquired Edge Biosystems, a manufacturer and distributor of sample preparation and clean-up products for sequencing. Pressure Bioscience entered into a strategic R&D agreement with Parabase Genomics to develop a sample preparation method for Parabase’s neonatal molecular diagnostics and newborn confirmatory-testing process. Cypher Genomics announced a copromotion agreement with Illumina […]
As of September 15, the EU agreed to allow Swiss scientists to apply for some Horizon 2020 funds, despite the country’s vote to bar immigration from Croatia (see IBO 2/28/14). The European Commission granted Switzerland the same status as other EU nations under the Excellent Science pillar of Horizon 2020, which includes grants from the […]
According to a report from Ernst & Young, the Nordic Life Sciences Sector raised €11,300 million ($14,607 million) in capital in 2013. Sales of biotechnology and medical technology companies accounted for €3,980 million and €7,300 million in revenues, respectively. Within the life sciences, the pharmaceutical industry was dominant, followed by medtech and biotech. Among European […]
The Chinese Academy of Sciences (CAS), which has a budget of approximately $6.8 billion and encompasses 104 research institutes, is undergoing a restructuring. About half of its funds are provided by the government and are used for overhead costs and a portion of salaries, with the remaining funding from competitive government grants. The restructuring is […]
The US Congress has passed a spending bill to keep the federal government in operation from October 1, the beginning of the new fiscal year, to December 11, after November’s congressional elections. Budgets for the NIH, NSF, DOE, FDA and EPA were maintained at fiscal 2014 levels. However, the CDC received an additional $30 million […]
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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.
