Since IBO’s last article on 2016 economic forecasts (see IBO 1/15/16), the International Monetary Fund (IMF) has issued an update to its October 2015 World Economic Outlook. Released earlier this month, the update outlines the factors influencing the revisions, such as China’s economy moving away from manufacturing and investment and toward services and consumption; decreased […]
Terahertz spectroscopy has surmounted many of the technological challenges that have prevented its wider acceptance, and while most of the interest in terahertz is research oriented, industrial applications are also developing in niche areas. Complete commercial systems came onto the market about 15 years ago, and the vendor base is also expanding, helping to evolve […]
Company Announcements SYGNIS announced in December 2015 a distribution agreement with Mayflower Bioscience for the US, and with PhileKorea, Pharma Tech Korea and Axil Scientific for South Korea and Singapore. In December 2015, Transgenomic was awarded a two-year, $1.5 million Small Business Technology Transfer grant by the NIH to fund a project with the Dana-Farber […]
Company Announcements Australia’s Commonwealth Scientific and Industrial Research Organisation announced that under a partnership with Imdex and Olympus, its Deep Exploration Technologies Cooperative Research Centre developed Lab-at-Rig technology, which allows for the chemistry and mineralogy of drill-hole rocks to be analyzed within minutes of drilling. REFLEX, a division of Imdex, a mining technology firm, will […]
Company Announcements LECO opened a European Application and Technology Center in Berlin, Germany, in October 2015. In October 2015, Waters opened a Malaysian subsidiary. Shimadzu established an incorporated association in partnership with Miyazaki Prefecture, Japan, for the analysis of residual pesticides in agriculture and food products. Becton, Dickinson Executive Vice President and COO William A. […]
Japanese food and food-related companies will have to implement HACCP (Hazard Analysis and Critical Control Point) systems, according to a revision to the country’s Food Sanitation Law that is expected to be proposed next year. HACCP includes a series of measurements and checks throughout food production to ensure food safety and proper handling. The Ministry […]
Company Announcements Circulomics received in October 2015 a $1.5 million Phase II Small Business Innovation Research grant from the NIH’s National Institute of General Medical Sciences to create a portfolio of DNA/RNA extraction products. Neoteryx announced a joint development agreement with Brechbühler, which will engineer a turnkey instrument that automates sample handling and extraction for […]
In an effort to forge a closer relationship between science and industry, a new measure promoting innovations and technology cooperation between public and private research organizations was signed into law this month by Brazilian President Dilma Rousseff. The law allows freer collaborations between companies and public research institutions. Features of the law include company access […]
The Chinese government is in the final stages of beginning a precision medicine initiative aimed toward creating a strong Chinese presence in the field of genome sequencing. Expected to be formally announced in March as part of the government’s next Five-Year Plan (2016–2020), preliminary estimates for funding of the initiative are around ¥60 billion ($9.2 […]
According to Food Processing’s 15th annual Manufacturing Outlook Survey, published this month, which surveyed 251 food professionals in October–November 2015, 29% of respondents were very optimistic about the industry in 2016 and 49% were somewhat optimistic. As for their capital spending outlook for 2016, 22% chose “don’t know,” followed by 17% that predict an increase […]
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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.
