Scientists in Russia are concerned about how funding for scientific research will be distributed this year. According to Prime Minister Dmitry Medvedev, the government will support science with RUB 350 billion ($6.1 billion), the same amount as in 2014. Most of the funds will be awarded through a competitive process, with RUB 115 billion for […]
The Japanese government will work with three biobanks to improve medical treatments for patients based on their genetic information. Beginning next year, the country’s budget will include funds for this initiative in genomic medicine. The Japan Agency for Medical Research and Development and the biobanks will standardize data formats of people’s genetic information. The biobanks […]
The pharmaceutical industry’s investment in personalized medicine has jumped almost 90% in the last five years. Developers of diagnostic tests, many with FDA approval of their diagnostic devices, are working with pharmaceutical companies to codevelop drugs and companion diagnostics. This may speed up FDA approval of drugs, as the best-suited patients can be selected for […]
This month, the US government issued a memo on updating the regulation of biotech products—products obtained through genetic engineering or organisms resulting from targeted gene manipulation. The update will address the fact that each federal agency dealing with biotech products (the EPA, FDA and USDA) currently has its own regulations and guidance, and that science […]
Last month’s “Global Nature Index” reported worldwide research contributions by region. With 57,501 papers from 2014 in the “Index,” North America, North and West Europe, and East and Southeast Asia accounted for 91% of the total whole fractional count (WFC) of articles, at 19,425, 15,785 and 11,464, respectively. These regions accounted for most of the […]
Currency and US Demand Drive Biotage Sales First quarter sales for Biotage jumped 26.8%, 6.1% excluding currency, to SEK 144.2 million ($17.3 million = SEK 8.34 = $1). Sales were driven by double-digit growth for sample preparation products as the company introduced the Extrahera system. The new system is freely available to customers agreeing to […]
An electronic nose (e-nose) is an intelligent sensing device that identifies and classifies the odor profile of vapors. Consisting of a sample-delivery unit, an array of gas sensors and a pattern recognition system, the instrument is designed to not only mimic but also improve upon the human olfactory sense, with its increased sensitivity and lack […]
The latest IBO feature on new sources of R&D funding focuses on June announcements involving sales opportunities for companies producing instruments and lab products. The US government has revealed that more than $4 billion has been contributed by foundations, institutional investors, universities and other donors to the Clean Energy Investment Initiative. A group of long-term […]
Company Announcements Bruker received FDA 510(k) in April clearance for library and methods expansion for the MALDI Biotyper CA System, adding 170 species and species groups. Waters announced in April clearance by the Chinese FDA of its ACQUITY UPLC I-Class IVD/Xevo TQ-S IVD System for IVD use in China. Agena Bioscience named Bioyong Technology as […]
Company Announcements BlueSens gas sensor and TRACE Analytics established in March the ABS Analytical Bioprocess Solutions network for PAT sensors. Environnement 2014 sales grew 16.3% to €62.1 million ($82.8 million). Operating income increased 53.3% to €6.9 million ($9.2 million). Export sales rose 9.1% to make up 65% of sales. Asian sales grew 17%, and US […]
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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.
