In 2020, Keagan Skeate, a data analyst and now whistleblower, reported Praxis lab for data tampering and inflating THC levels in marijuana products tested there. In July 2022, Steep Hill, Inc. was presented with a class action lawsuit by 3 patients alleging the state-run lab intentionally overstated the amount of THC in the marijuana it […]
Last week the CDC reported a positive polio case in an individual from Rockland County, New York. The CDC also announced traces of the same strain of polio were found in New York wastewater as far back as June, a month before the first case emerged. According to the New York State Department of Health, […]
IBO’s company of the year for 2021 is Thermo Fisher Scientific. During 2021, Thermo Fisher balanced the demands of recent and pending major acquisitions (see IBO 4/16/21), the unpredictable COVID-19 marketplace, the roll out of multiple new products and a commitment to the fundamentals of its business strategy. IBO selects a company of the year […]
As publicly traded companies that participate in the laboratory instrumentation space begin to release their annual reports, the SDi team of expert analysts is hard at work compiling data to prepare the highly anticipated 2022 edition of our flagship annual report, the SDi Global Assessment Report. As always, we strive to provide the gold standard […]
Implementing the appropriate laboratory instrumentation to support therapeutic development is crucial to the process of drug discovery. Life science and analytical instrumentation facilitates pharmaceutical R&D throughout these stages. SDi has observed the dynamics of the pharma/bio sector demand for instrumentation to support innovative biologics, small molecule drugs, regenerative pharmaceuticals, and biopharmaceuticals. Most of these drug […]
The servicing of analytical and life science instrumentation is vital to maintaining instrument performance capabilities and maximizing the life of costly lab assets. Whether provided by the original instrument manufacturer or by a third-party service provider, the instrument service market includes all service contracts and any replacement parts installed during servicing. Other services like software […]
Clinical laboratory diagnostics has become an important area of investment and business transactions. Recently, Mesa Laboratories, a biotech company focused on quality control solutions for pharmaceutical, healthcare, and medical devices, announced the acquisition of Agena Bioscience for a cash purchase price of $300 million. According to the press release, Mesa is expected to pay for […]
While M&A and IPO activity tends to ebb and flow in the laboratory industry, the current trend seems to be on the upswing. Just over the past few weeks, there seems to be a hotbed of activity particularly in the area of laboratory consumables. Most notably, near the end of July, PerkinElmer announced a $5.25 […]
Cell and gene therapy (CGT) is a rapidly evolving field producing powerful new treatments for cancers and genetic diseases, with promising developments expanding into autoimmune disease, cardiovascular disease, musculoskeletal disease, and many others as well. The CGT field has generated great interest and hope among researchers, patient groups, and regulators, which has led to huge […]
Testing has been at the forefront of public health efforts and challenges since the beginning of the pandemic caused by SARS-CoV-2, the virus responsible for COVID-19 disease. By April last year, it became increasingly clear that testing would be crucial to public health and safety. However, global testing capacities substantially lagged behind demand as shortages […]
