New York, NY 7/7/16—Enzo Biochem’s Enzo Life Sciences subsidiary has finalized a settlement with Illumina resolving a suit brought by the company against Illumina in 2012 in the Delaware Federal District Court. The suit alleged infringement of US Patent No. 7,064,197 (System, Array and Non-Porous Solid Support Comprising Fixing or Immobilized Nucleic Acids) (see IBO […]
Nottingham, UK 7/8/16—Scientific Laboratory Supplies (SLS), a UK-based distributor of lab supplies, has purchased Analab, a Northern Ireland–based lab product distributor. SLS Chairman Peter Chapman said in a statement that SLS is already well-established in the country, but it will now concentrate on increasing sales to the pharmaceutical and medical technology markets. Damien McCorry, Analab […]
In The Guardian’s post-Brexit confidential survey of the elite Russell Group of 24 universities in England (though not all participated), many cases were found in which UK academic leaders were being asked to leave their positions in EU-funded research projects, as they are seen as a financial liability. In the UK, researchers receive £1 billion […]
In an unprecedented effort for a research funding agency, the European Research Council (ERC), is using part of its €1.7 billion ($1.9 billion) annual budget to evaluate its impact of the projects that it funds. In a pilot analysis of 199 completed projects, the Council evaluated the impact of science in four major categories: Scientific […]
With the help of a €180 million ($200 million) investment from the EU’s investment bank and an additional €60 million from the government, Greece will establish its first federally backed research agency. The Hellenic Foundation for Research and Innovation (HFRI) will help boost the country’s research output by funding basic research projects, distributing fellowship awards […]
In Chemical & Engineering News’ (C&EN) latest Global Top 50, the 50 largest chemical firms surveyed brought in a combined $775.2 billion in sales in 2015, a 10.8% decrease. However, profits increased 15.1%, or $96.7 billion, and profit margins climbed almost three percentage points to 13.5%, indicating that none of the 50 companies surveyed recorded […]
Earlier this month, the FDA issued a new draft guidance to educate drug and IVD sponsors on how to develop a therapeutic simultaneously with an IVD companion diagnostic. It includes information on how to obtain marketing authorization, regulatory requirements to consider, how to plan and perform clinical trials that involve IVD companion diagnostics, and administrative […]
Since the early 1990s, there has been a sharp decline of FDA approvals for antibiotics, as pharmaceutical companies ceased antibody development due to high costs and low returns. However, with numerous government incentives for fighting antimicrobial resistance, companies are beginning to renew interest in the field. A May-June survey of 18 biotechnology, pharmaceutical and diagnostics […]
The Dow Jones Industrial Average and S&P 500 traded at record highs in July despite weak economic data. The US economy grew at a tepid 1.2% in the second quarter, well below growth expectations of 2.6%. Specifically, the variance in growth projections was attributed to lower residential and business spending, which dropped 3.2%, the most […]
The 2016 European Innovation Scoreboard was released last week by the European Commission. The survey ranks countries and regions based on 25 innovation indicators, with countries falling into four categories of performance (Innovation Leaders, Strong Innovators, Moderate Innovators and Modest Innovators): countries that rank over 20% above the EU average are Innovation Leaders, which consist […]
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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.
