The FDA recently released new guidelines concerning levels of both gluten and arsenic in food products. On August 2, the FDA’s final rule for the definition of “gluten free” was published in the Federal Register. Previously, there was no limit to how much gluten a food product could contain and still use the labels “gluten […]
Despite China’s slower economic growth, chemical product sales are expected to remain strong. In 2011, the output of the country’s chemical industry increased 9.0% to RNB 7.2 trillion ($1.17 trillion), according to KPMG China. Through 2015, industry output is expected to grow in the range of 9%–11% annually. The China Petroleum and Chemical Industry Federation […]
In 2012, Australian business expenditure on R&D (BERD) rose 1.7% to $18,321 million in current prices, following a 7.4% increase in 2011. Manufacturing; Mining; Financial and Insurance Services; and Professional, Scientific and Technical Services contributed 24%, 22%, 16% and 16% to BERD, respectively. Mining’s contribution increased the fastest, rising 7% to $265 million. Current expenditure […]
To drive its economy, the Japanese government will invest JPY 1 trillion ($10.1 billion) in three key research areas in fiscal year 2014: health, agriculture and clean energy. As part of the new focus, the government has outlined several measures to support cell research. The government will contribute JPY 110 billion ($1.1 billion) for iPS […]
The World Economic Forum’s (WEC) “Global Competitiveness Report 2013–2014” identified Switzerland as the world’s most competitive country. Singapore, Finland, Germany and the US rounded out the top five most competitive countries. To determine rankings, the WEC considered 12 pillars, including innovation, which were based on its annual Executive Opinion Survey, and data from other international […]
Wal-Mart has announced that its suppliers will now be required to disclose and ultimately end the use of 10 potentially harmful chemicals found in fragrances, cosmetics, household cleaners and personal care products sold at its stores. The company did not disclose which chemicals the new requirements cover, but stated the chemicals were chosen due to […]
Epigenetic modifications are responsible for heritable changes in gene expression that do not affect the gene itself. Chromatin remodeling, DNA methylation and gene expression regulation by non-coding RNAs are all epigenetic mechanisms. Epigenetic mechanisms of action can serve as valuable targets of drug development. In fact, two DNA methylation inhibitors and two histone deacetylase (HDAC) […]
Second quarter 2013 IBO Life Science Index sales grew 2.6%, 4.5% excluding currency, to $3,408 million. Operating profit was flat at $701 million. Based on continuing operations, operating margin slipped 70 basis points to 20.6% of sales. Fiscal third quarter revenue for Becton, Dickinson’s BD Biosciences division declined 4.2%, 2.5% excluding currency, to $257.1 million […]
San Diego, CA 9/3/13—Lab informatics firm Accelrys has acquired ChemSW, a provider of compliance solutions for environmental health and safety, including automated chemical inventory management, for $15.3 million in cash. The acquisition is expected to be modestly accretive to Accelrys’s non-GAAP EPS for 2013 and contribute $1–$2 million in non-GAAP revenues this year. ChemSW employees, […]
Washington, DC 9/6/13—In its second quarter SEC filing, Agilent Technologies disclosed that it is investigating whether certain employees may have violated its Standards of Business Conduct and other policies in relation to the sale of products through third-party intermediaries in China. The investigation includes a review of compliance by Agilent employees with regard to the […]
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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.
