Company Announcements Biotage AB announced a distribution partnership with John Morris Scientific for Australia and New Zealand. In April, Biotage announced long-term financial goals that can be achieved by 2012: organic growth of at least 10%, an increase in gross margin by 1–2 percentage points per year with a goal of achieving a gross margin […]
Company Announcements Life Technologies and the German Cancer Research Center (DKFZ) announced an exclusive collaboration to create the National High-Throughput Sequencing Center, the largest sequencing facility in Germany. The center will operate 10 SOLiD 4 hq systems. In June, Illumina announced a new price of $19,500 for its individual genome–sequencing service, and a price of […]
This month, Luminex launched the MAGPIX based on its multiplexing XMAP technology. The system can perform quantitative and qualitative analysis on up to 50 analytes per well (using a 96-well microplate), including proteins, antibodies and oligonucleotides. Priced at $35,000, the MAGPIX is almost half the price of the Luminex 200. Unique among Luminex products is […]
The May 15 issue of IBO contained the first-quarter Laboratory Instrument Sales Index, including estimates for Shimadzu and Oxford Instruments. Both companies have now reported their financial results for the fiscal year ending March 31. As a result, final figures for the Index have been calculated for the calendar-year first quarter. First-quarter Index revenues grew […]
The Chinese government has been instrumental in attracting multinational drug firms to the country for R&D. In 2008, as part of the 11th Five-Year Plan, the government initiated the $960 million New Drug Creation and Development Program to assist Chinese pharmaceutical R&D. Universities and institutes’ research collaborations with multinational drug companies are among the recipients […]
The EU has announced €6.4 billion ($8.3 billion) in funding this year for the Seventh Framework Program (FP7), marking a 12% increase over last year’s funding. It is estimated that 16,000 grants will be awarded. Among the areas designated to receive funding are health, which will receive €600 million, including €206 million for clinical trials, […]
In an effort to stimulate the economy, cut drug costs and reduce the dependence on imports, Russia has made its pharmaceutical industry a priority for modernization. The Pharma 2020 strategy aims to increase the percentage of medicines made in Russia from 23% to more than 50% over a 10-year period. Based on the strategy, a […]
The FDA intends to more tightly regulate direct-to-consumer (DTC) genetic tests. Jeffrey Shuren, director of the FDA’s Center for Devices and Radiological Health, told Congress that the FDA will create a “draft oversight framework” for laboratory-developed tests (LDTs), a category that has up to now included DTC gene tests. LDTs are tests created and performed […]
The world’s 50 largest chemical producers generated total revenues of $697 billion last year. Sales fell 21.0% as the recession hurt demand and pricing. Only four companies among the top 50 posted revenue increases: LG Chemical, Reliance Industries, Mosaic and Sasol. Operating profits for the 46 companies that disclosed them declined 6.2% to $49 billion. […]
Oncologics were the top-selling class of therapeutics last year, with sales of $52.37 billion, followed by lipid regulators and respiratory agents, according to IMS. Autoimmune agents posted the fastest annual growth rate in 2009 among the top 15 therapeutic classes. Sales of autoimmune agents increased 18.0% to $13.75 billion, making them the 11th largest therapeutic […]
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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.
