Founded in 1997, Genedata AG provides modular software suites for drug discovery and other sectors of life science research. Genedata’s three major software platforms are the Phylosopher for target discovery, the Expressionist for biomarker discovery and the Screener for lead discovery. Sales of the three platforms are evenly split. According to Othmar Pfannes, Genedata’s CEO, […]
Company Announcements The Automation Partnership agreed to distribute AVISO GmbH’s CellCelector automated stem cell picker in the UK and Ireland. In a March SEC filing, Cyntellect said it raised $3 million from the sale of debt, equity and options or warrants. In May, Accuri Cytometers and eBioscience, a reagent provider, entered into a comarketing agreement. […]
Company Announcements Applied Research & Photonics and the SAIC-Frederick entered into a collaboration to assess terahertz spectrometry for the analysis of structures and materials supporting biopharmaceuticals manufacturing. Stratophase announced in January that it secured £2.5 million ($4.0 million) in follow-on funding. InProcess Instruments named Dr. Andreas Pickuth managing director in February. In February, Thermo Fisher […]
Generic drug sales in Brazil grew 24% last year to $2.5 billion to make up 15% of the country’s drug market, according to IMS. Units sold rose 19.4% to $330.9 million. Pró Genéricos, the generic drug industry organization, expects $444 million of Brazilian drug patents to expire in 2010–2011. Pró Genéricos estimates that there are […]
In 2009, revenues for the Swiss biotechnology industry grew 7.3% to CHF 9,343 million ($8,572 million). R&D spending by the industry rose 6.2% to CHF 2,199 million. Publicly held firms accounted for 80% of revenues and 72% of R&D spending. However, profits for the industry fell 47.6% to CHF 100 million, and liquidity fell 5.3% […]
Foreign drug companies are rapidly increasing their share of the Indian market. Since December 2008, the number of top 10 drug firms in India controlled by foreign companies has increased from one to four. Daiichi Sankyo acquired Ranbaxy Laboratories, Sanofi-Aventis purchased Shantha Biotechnics, and Abbott Laboratories plans to acquire Piramal Healthcare. Tarun Shah of MP […]
The World Bank has approved a $100 million loan to China, its largest food safety loan to date. The money will finance 70% of the government’s Jilin Agricultural Product Quality and Safety Project. Located in northeast China, Jilin province is a major supplier of agriculture to the country. The Project is designed to improve product […]
Rapidly growing US sales of oncology drugs is making the sector a focus of drug development. Approximately 40% of the estimated 40,000 drugs in Phase I, II or III trials are cancer related. US sales of oncology drugs, excluding hormonal therapies and vaccines, increased 10.8% in 2009 to $18.5 billion. US sales of targeted cancer […]
Combined sales for the top 50 US chemical companies declined 21% to $247.5 billion in 2009, reflecting the impact of the recession. Only four firms recorded revenue increases. The companies with the highest sales were Dow Chemical, Exxon Mobil, DuPont and PPG Industries, which recorded 2009 revenue changes of -22.0%, -30.1%, -14.6%, -18.3%, respectively. Sales […]
According to Food Processing magazine’s 39th Annual R&D Survey, which questioned 310 food manufacturers, R&D remains a priority. Half of those surveyed chose “new product development” as the most important target for their companies’ R&D efforts this year, followed by “existing product improvement,” which was selected by 13% of respondents. Food safety and nutrition are […]
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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.
