IBO’s annual Industrial Design Awards recognize recently introduced products whose physical appearance and features make a distinct and valuable impression, enable the products’ functionality and successfully communicate the products’ messages. In a more general sense, the Awards highlight how the looks of the products make people want to use the products. The IBO Industrial Design […]
IBO’s Industrial Design Awards for Portable Analytical Instruments recognize instruments whose design addresses the special challenges of transportability, including small size, light weight, ruggedness and, in some cases, difficult operating conditions. Portable instruments are defined as instruments that run on batteries and are intended to be easily transported, often for use outside of a lab. […]
The IBO Design Awards for Laboratory Equipment recognize unique, innovative industrial designs of laboratory equipment that enhance usability. Laboratory equipment is defined as a product that receives an electrical current, will last for at least one year and does not analyze a sample characteristic. The designs of this year’s three winners showcase user-friendliness and a […]
The Union Health Ministry has approved the budget for the Department of Health Research’s (DHR) plan to improve health research and research infrastructure in India as part of the DHR’s new mandate to promote research. The plan will create 80 multidisciplinary research units (MRUs) at India’s medical colleges and research facilities. An investment of INR […]
Power continues to shift in the oil industry from major publicly listed oil firms (supermajors) to national oil companies (NOCs). More than 90% of global oil reserves are now owned by NOCs, and six of the world’s largest oil producers are NOCs. As a result, the supermajors are now more dependent on finding fresh sources […]
New EU toy regulations that took effect this month are expected to impact the Chinese toy industry. In 2012, the value of China’s toy exports totaled $11.45 billion, with $2.6 billion in exports to the EU, the second-largest market. The regulations specify mechanical, electrical, chemical and hygiene requirements for toys, including chemical content. Among the […]
The Ministry of Science, ICT and Future Planning (MSIP) has announced that South Korea’s 2014 R&D budget will be KRW 11.7 trillion ($10.4 billion). The amount includes KRW 3.9 trillion ($3.5 billion) for Korea’s “creative economy” initiative. An increase of 26.7% to KRW 1.1 trillion will be allocated for startups and small- and medium-size enterprises […]
An analysis of 1,027 human drug targets in active preclinical or clinical projects, excluding multiple-target projects, in Citeline’s 2013 Pharmaproject database has found 58% are being worked on by more than one company. Of the 247 proven targets for which drugs have previously been developed, 88% are being worked on by multiple companies, with four […]
The IVD market experienced the slowest growth of the last decade in 2012. The market grew 4.8% in 2012, according to Enterprise Analysis. The anatomic pathology segment grew the fastest at 8.3%. The molecular and point of care/physician office laboratory segments grew 7.2% and 7.0%, respectively. Despite lackluster growth, the market is expected to rebound […]
Second quarter revenues for IBO’s Laboratory Instrument Sales Index grew 4.5%, 4.9% excluding currency, to $5,999 million. Operating profit advanced 3.8% to $1,200 million. Based on continuing operations, operating margin slipped 10 basis points to 17.6% of sales. Modest growth rates are included for Oxford Instruments, which did not report earnings before this issue’s publication. […]
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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.
