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IMF Projects Cratering Growth but Peaking Inflation in January World Economic Outlook Update

The global economy is not out of the proverbial woods just yet. But the record-high inflation that has plagued the world since the onset of the COVID-19 pandemic in 2020 is hitting its peak, the International Monetary Fund (IMF) reports in its January 2023 World Economic Outlook (WEO) Update: Inflation Peaking amid Low Growth. Though growth is expected to dip in 2023 and the shocks felt from tightening monetary policy, slowdowns in China, and the effects of the Russian war in Ukraine continue to radiate through the economy, the IMF says the adverse risks laid out in its October 2022 Outlook have moderated.

R&D Receives $195 Billion in 2023 Federal Budget

After months of back-and-forth, the United States Congress agreed to a $1.7 trillion spending bill for Fiscal Year 2023 on December 20, 2022, with President Biden signing it into law on December 29. The omnibus bill funds the federal government through September 30, 2023, and provides $195.2 billion for R&D funding, about a 10.3% increase from FY 2022.

Next-Gen Proteomics: Multiplex Immunoassays, Affinity-Based Detection, and Single-Cell and Spatial Profiling

As demonstrated by the introduction of novel mass spectrometry (MS) methods that add further dimensions to traditional MS, many next generation proteomics approaches aren’t attempting to reinvent the wheel. Rather, these new technologies build off and expand upon existing ones, including a new class of multiplex immunoassays that improve on the sensitivity or multiplexing abilities of conventional immunoassays like ELISA.

Next-Gen Proteomics: High-Fidelity Enrichment, New Mass Spec, and Single-Molecule Fingerprinting

Mass spectrometry (MS) has long been a bedrock tool in proteomics investigations, with liquid chromatography mass spectrometry (LC-MS) especially key in analyzing the presence, identity, and quantity of proteins in a complex sample. But the expanding scope of proteomics research requires higher resolution than traditional MS techniques can offer, and as such, new sample preparation techniques that supplement and enhance MS workflows as well as novel MS approaches constitute a large swath of the next-gen proteomics market.

2023 TDA Instrument Industry Outlook Report Now Available

For seemingly everyone, the past few years have been turbulent in one way or an- other, as governments, industries, and individuals grappled with the consequences and effects of the COVID-19 pandemic, which, although better understood and managed, persists. In some respects, the lab and analytical instruments market has been buffered from these effects; the industry, as a whole, has maintained its positive growth trajectory.

The Need and Opportunity for Next-Generation Proteomics Tools

Since the term “proteome” first appeared in the scientific literature in 1995, interest in proteomics research and its use in applications like drug discovery, tumor characterization, and disease biomarker identification has exploded. With that growth has come a need for new approaches to catalog and study the proteome, as conventional techniques often fall short in accomplishing the specificity, sensitivity, and throughput required by ambitious emerging research efforts and applications.

M&A Highlights August 29–November 14

Washington, DC-based conglomerate Danaher will separate its Environmental & Applied Solutions segment into a new, independent, publicly traded company. The new company will contain Danaher’s Water Quality and Product Identification businesses, including Hach, a manufacturer of water quality testing instruments and reagents, and X-rite, a manufacturer of spectrophotometers and other color analysis products. After the separation, which is expected to be completed in the fourth quarter of 2023, Danaher will be composed of its Life Sciences and Diagnostics segments, including companies like Beckman Coulter, Leica Biosystems, and Integrated DNA Technologies.

With Pipette Tip Washing Machines, Grenova Is on a Mission to Make Labs Greener

Walk into any life sciences lab, and you’re bound to see beakers or other containers filled with discarded pipette tips on each bench top. Between tips, tubes, and plates, research runs on single-use plastic. Recent plastics price spikes, manufacturing shortages, and supply-chain disruptions have hobbled labs, and COVID testing and treatment research have amplified need for these items. For example, a lab technician might use ten pipette tips to run one coronavirus test, between handling the sample, the test reagents, and setting up the PCR reaction.

“Stormy Waters” Ahead Projected in IMF’s October World Economic Outlook

As global inflation remains the highest it’s been in several decades, about one-third of the global economy is expected to contract this year or next. In its October 2022 World Economic Outlook (WEO): Countering the Cost-of-Living Crisis, the International Monetary Fund (IMF) projects global growth will remain at 3.2% in 2022, unchanged from July’s forecast, and will drop to 2.7% in 2023, a 0.2% downgrade from that projection. Global inflation is expected to rise to 8.8% in 2022 but decline to 6.5% in 2023 and to 4.1% in 2024.

ACD/Labs Software Makes Analytical Data Seamless

Across an R&D lab, there’s a torrent of data and an ever-expanding number of workflows to keep in check. And volume is not the only challenge; each analysis may require different data formats or sometimes even multiple formats within a technique. Keeping track of such data manually can be time consuming and prone to errors, and standard spreadsheet software like Microsoft Excel or Google Sheets is not equipped to understand and display chemical formulas or structures, which are essential components of processes like drug development.