Spending on specialty drugs grew 26.5% last year to account for 33% of all US spending on prescription drugs, compared to 23% in 2010. Specialty drugs are often defined as “prescription products requiring extra handling or administration that are used to treat complex diseases including hepatitis C, multiple sclerosis and cancer.” The rise in expenditures […]
This month, the US EPA proposed new requirements for its New Source Performance Standards (NSPS) for methane and volatile organic compounds (VOC) emissions for new and modified oil and gas sources. The proposal extends previous methane and VOC emissions requirements to hydraulically fractured oil wells and natural gas transmissions, including pneumatic pumps, and well sites […]
The nonprofit Center for Medical Technology Policy’s Green Park Collective, a multistakeholder forum, has released a draft of its initial guidelines for insurance coverage of NGS-based oncology testing. The guidelines recommend coverage of NGS panels of 5–50 genes that include a subset of genes that “are considered to be standard of care and medically necessary […]
The devaluation of China’s yuan sparked an extensive sell-off in the global equity markets in August. The S&P 500 and NASDAQ contracted 9% or more on three consecutive trading days beginning August 20. Despite strong surges on August 26, the Dow, S&P 500 and NASDAQ fell 6.6%, 6.3% and 6.9% for the month, respectively. The […]
Rochester, NY 8/24/15—Transcat, a publicly held provider of accredited calibration and compliance services, has acquired Anmar Metrology for an undisclosed amount. Anmar provides custom calibration and repair solutions to multiple industries, including life science. “The acquisition of Anmar is consistent with our strategy to strengthen our geographic coverage and enhance our current service platform in […]
Lansing, MI 8/27/15—Neogen has purchased UK-based Lab M, a developer, manufacturer and supplier of microbiological culture media and diagnostics systems for the food, water, industrial and clinical markets, for an undisclosed amount. “Lab M’s prepared media is a new product line for us, and its patents and licenses will greatly enhance our efforts to develop […]
Washington, DC 8/24/15—Life science technology company RainDance Technologies has withdrawn its SEC registration statement for an IPO, citing market conditions. The company, which provides digital PCR and NGS sample preparation technologies, filed to go public earlier this year (see IBO 3/15/15).
Franklin Lakes, NJ 8/25/15—BD Life Sciences, part of Becton, Dickinson, has acquired Cellular Research for an undisclosed amount. Cellular Research develops products for massively parallel single-cell genetic analysis. Its Molecular Indexing technology measures gene expression profiles in single cells. “The acquisition of Cellular Research, combined with our existing cell sorting technology, will provide our customers […]
Pleasanton, CA 8/24/15; Cambridgeshire, UK 8/24/15—Roche has definitively agreed to acquire from Lumora products associated with Heat Elution technology for nucleic acid purification of multiple sample types, including FFPE tumor samples. According to Roche, Lumora’s technology simplifies nucleic acid isolation, takes only minutes and can be used with a variety of samples types. “Lumora’s Heat […]
Basel, Switzerland 8/19/15—Roche has agreed to acquire Kapa Biosystems for an undisclosed amount. US-based Kapa provides life science reagents for NGS and real-time PCR applications, including enzymes such as novel DNA polymerases. Roche stated that Kapa’s protein engineering technology is customizable, generates large numbers of variants and can rapidly provide enzymes with tailored performance for […]
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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.
