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Spending in Biological Technology

R&D Spending by U.S. Biopharmaceutical Companies Increases 3 Percent in 2008

SAN FRANCISCO, March 10 /PRNewswire/ -- New statistics just released reveal that R&D investment in new medicines by the biopharmaceutical industry was $65.2 billion in 2008, an increase of 3 percent from 2007, according to a combined analysis conducted by Burrill & Company, a San Francisco...

SciQuest Announces Newest Life Sciences Customer; BioMarin Pharmaceutical Drives Spending Effectiveness with Automated, Intuitive Procurement

SciQuest Solution Enables Enhanced Productivity and Decreased Expenses CARY, N.C., June 25 /PRNewswire/ -- SciQuest, Inc., the global leader in helping academic, healthcare and research-centric organizations realize the potential of strategic procurement, today announced that BioMarin Pharmac...

R&D Spending by U.S. Biopharmaceutical Companies Reaches Record $58.8 Billion in 2007

WASHINGTON, March 24 /PRNewswire-USNewswire/ -- America's pharmaceutical and biotechnology research companies invested a record $58.8 billion last year in the research and development of new life-changing medicines and vaccines -- an increase of nearly $3 billion from 2006, according to analys...

IT Spending to Increase in Second Half of 2003

MADISON, WI - Information technology analysts, consultants and executives are reporting that there are early indications that IT spending will increase in the second half of 2003, which provides the necessary first steps for a turnaround in IT spending for 2004. Steve Haroldson, chief technology...

New report says Wisconsin R&D spending exceeding expectations

Madison, Wis. Wisconsin's research and development funding has exceeded expectations, reaching $3.6 billion in 2002, according to a new report. The state had set a target of $3.3 billion by 2005. In 2002, the state ranked 20 th nationally in private R&D spending per capita, and 13 th in acad...

Audit of multi-million dollar state IT spending will proceed

Madison, Wis. The Joint Legislative Audit Committee voted unanimously to authorize an audit of troubled information technology system projects in state agencies. The 6-0 vote came after several hours of testimony on Wednesday from state auditors and agency personnel confirmed the state has lo...

Doyle outlines spending for Medical College, UWM

Milwaukee, Wis. - Gov. Jim Doyle has announced new investments designed to support research, healthcare, and the training of engineers in Milwaukee. The investments include an additional $10 million to support collaborative research between the Medical College of Wisconsin and other area...

Chippewa Valley to get $46 million in defense spending

Chippewa Falls , Wis. - Area high-tech firms could receive a total of $46 million from the federal government for military research and development as part of the House-approved 2007 defense budget. Secured by Democratic Congressman Dave Obey , the allocations still need approval from the ...

Doyle urges support of higher education spending

Madison, Wis . - Saying his higher education initiatives would increase the number of college graduates, engineers, and teachers, Gov. Jim Doyle has urged lawmakers to advance his spending plans for Wisconsin colleges and universities. Doyle has proposed the direct spending of $225 million to...

Repligen Reports First Quarter Fiscal Year 2010 Financial Results

...compared to $5,702,000 for the same period in fiscal year 2009. This increase in operating expenses of $787,000 was primarily the result of increased spending associated with advancement of both our Phase 3 clinical trial of RG1068 for pancreatic imaging, and our Phase 2b clinical trial of RG2417 for bipolar...

ERT Reports Second Quarter 2009 Results

...e saw increases from the first quarter of 2009 in revenue, bookings, and margins. Revenue and bookings continue to be significantly impacted by lower spending by clients on Thorough QT trials. Sponsors may delay the running of Thorough QT trials until later in the drug development cycle, though regulatory g...

Caliper Life Sciences Reports Second Quarter 2009 Results

...s a result of a number of factors, including that Caliper's expectations regarding demand for its products and services may not materialize if capital spending by Caliper's customers declines, if competitors introduce new competitive products, or if Caliper is unable to convince potential customers regarding ...

Mylan Reports Adjusted Diluted EPS of $0.32 for the Quarter Ended June 30, 2009

...restructuring reserve as a result of a reduction in the estimated remaining spending on accrued projects and a gain of approximately $10.4 million on the termin...uring reserve as a result of a reduction in the estimated remaining spending on accrued projects and a gain of approximately $10.4 million on th...

Cynosure Reports Second Quarter 2009 Financial Results

... from the inability of practitioners to obtain credit for capital equipment purchases, coupled with continued macroeconomic pressures on discretionary spending and purchasing decisions. We are working directly with the lending community to explore options to assist customers who have been unable to secure fi...

Time Clocks Technology Catches Up With Crooks

...aving someone to watch each one in every nook and cranny. However, time and attendance software makes it easy for employers to see where employees are spending their time... and they know it doesn't take 45 minutes to get something from the cleaning storeroom! Companies and especially large corporations see t...

Signostics Closes Follow-On Financing of US$4 Million, Expands Board of Directors

...egulatory clearances and its Signos and SpeqView products also now bear the European CE mark. "With rising healthcare costs and healthcare spending being re-evaluated, our breakthrough technology creates a much more affordable tool to deliver faster diagnosis at the point of care. Our products hav...

Schering-Plough Reports Financial Results for 2009 Second Quarter

...of 2008 primarily due to the impact of foreign exchange and the company's Productivity Transformation Program (PTP). Research and development spending for the 2009 second quarter totaled $863 million, a 5 percent decrease, primarily due to the impact of foreign exchange. Recent Development...

OpenQ Posts a 200% Revenue Growth in the First Half of 2009

...has introduced several innovative solutions and data products to meet the new market realities around supporting FMV, disclosure, aggregate spend, and spending caps. We have also continued our commitment to open standards and cloud computing through our products and the way we support our customers," sai...

Magellan Diagnostic Businesses to Feature Automated Systems and Diagnostic Tests at Clinical Lab Expo

... a CLIA-waived test, the LeadCare II system removes all the complications formerly associated with blood-lead testing -- waiting days for lab results, spending precious staff time and resources trying to contact patients for critical follow-up care, or tracking down results for record-keeping, reporting, or c...

NEW Momentum(TM) Physician and Staff Scheduling Software for Imaging Centers, OB/GYN, and Other Specialty Practices Improves Productivity and Equity in Scheduling

...nd healthcare staff scheduling is a complex process. Bio-Optronics President & CEO, Dan Kerpelman, states, "Highly skilled personnel are spending a great deal of time gathering requests, creating schedules, and cycling through multiple iterations trying to meet all needs. Optimal and equitable s...

Global Prescription Drugs Market to Cross $897 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

...aceutical industry is relatively shielded from economic cycles, as consumer spending on drugs is out of compulsion rather than discretionary spending as in most other industries. As such, sales of pharmaceuticals are expected...

Cord Blood America Continues International Expansion

...lation of 3.3 million, has become an international business center in Central America, with a fast growing economy and the highest per capita consumer spending in the region. Aruba, an affluent island in the southern Caribbean, is overseen by the Netherlands, while Bermuda, a British territory in the North A...

Novo Nordisk Convenes Policy and Clinical Experts at Diabetes Media Summit

..., the Economic Cost of Pre-diabetes findings will be published in the upcoming issue of Population Health Management. Re-evaluating Government spending on Diabetes The US government spent $80 billion to treat diabetes in 2005 alone, an amount that is 400 times greater than the federal commitment to...

Repligen Reports Fourth Quarter and Fiscal Year 2009 Financial Results

...e in operating expenses of $1,908,000 was primarily the result of increased spending associated with advancement of our Phase 3 clinical trial of RG1068 for pan...linical HDAC inhibitor program for Friedreich's ataxia. These increases in spending were partially offset by reductions in legal and other selling, general and...

Lumbar Matrix(TM) Scan From SpineMatrix(R) Revolutionizes the Diagnosis of Low Back Pain

...dditionally, invasive procedures, including surgery, may follow misdiagnosed lower back pain, further elevating healthcare spending. Since 1997, U.S. spending on diagnosis and treatment of spinal disorders increased 65 percent, as indicated by the Journal of the American Medical Association. "The Lumb...

DOR BioPharma Reports 1st Quarter 2009 Financial Results and Reviews Recent Accomplishments

..., or $0.01 per share, compared to $1.4 million, or $0.01 per share, for the first quarter of 2008. This increase was primarily attributed to increased spending of $968,996 in research and development in preparation for the initiation of the confirmatory Phase 3 clinical trial of orBec(R) for the treatment of ...

Arena Pharmaceuticals Announces First Quarter 2009 Financial Results

...xpenses is primarily attributable to decreased clinical trial costs due to the completion of clinical and preclinical studies as Arena prioritized its spending towards the completion of trials for lorcaserin. Research and development expenses are expected to continue to significantly decline throughout the ye...

VIVUS Reports First Quarter 2009 Financial Results and Highlights

... quarter of 2008. The lower net loss in the first quarter of 2009 is primarily due to lower research and development expenses as a result of decreased spending related to our phase 3 clinical trials of Qnexa, our investigational product candidate for the treatment of obesity, in the first quarter of 2009, as ...

Cadence Pharmaceuticals Reports First Quarter 2009 Financial Results

...evelopment program in the first quarter of 2009. The reduction in research and development costs was primarily the result of reduced clinical research spending due to the completion of the company's clinical trials and reduced charges related to facility improvements at the company's contract manufacturer's f...

Nektar Therapeutics Reports First Quarter 2009 Financial Results

...the first quarter of 2009 as compared to $37.4 million for the same quarter in 2008. Included in the $23.9 million of overall research and development spending is approximately $13.5 million of investment in Nektar preclinical and clinical development programs. Revenue for the three month period ended M...

Solutia Reports First Quarter 2009 Results

... Increasing 2009 target for cash from continuing operations less capital spending to $50 million - $100 million New Term Loan On M...sing its 2009 target range for cash from continuing operations less capital spending to $50 million to $100 million, from $25 million to $75 million. Fir...

Cambrex Reports First Quarter 2009 Results

...arter 2008, respectively. The decrease in capital spending is largely due to higher first quarter 2008 spending on two large capital projects for which the majority of spending has since been completed. Guidance Th...

Roxane Laboratories, Inc. Announces the Launch of Mycophenolate Mofetil 250mg Capsules and 500mg Tablets

...therapeutic value for human and veterinary medicine. In 2007, Boehringer Ingelheim posted net sales of US $15.0 billion (10.9 billion euro) while spending approximately one-fifth of net sales in its largest business segment, Prescription Medicines, on research and development. For more information o...

ERT Reports First Quarter 2009 Results

...ur past business being booked in Phase III trials, which are longer-term trials and thus take longer to turn into revenue, as well as a slower rate of spending by our pharmaceutical and biotechnology clients. The latter reflects the current difficult economic environment and the uncertainty seen in pharmaceu...

CryoLife Reports Record First Quarter Revenues of $26.7 Million

...development expenses were $1.0 million for the first quarter of 2009 compared to $1.4 million for the first quarter of 2008. Research and development spending in 2009 is primarily focused on the Company's protein hydrogel technologies and SynerGraft(R) tissues and products. As of March 31, 2009, the Com...

Caliper Life Sciences Reports First Quarter 2009 Results

...s a result of a number of factors, including that Caliper's expectations regarding demand for its products and services may not materialize if capital spending by Caliper's customers declines, if competitors introduce new competitive products, or if Caliper is unable to convince potential customers regarding ...

OmniComm Systems Announces 1st Quarter Results of Operations

...eriencing some signs of the economic difficulties being felt across the economy. In particular, small biotechnology firms have slowed the rate of EDC spending and our CRO partners are experiencing higher levels of cancellations than expected. However, we are seeing increased activity in our European operati...

APS Healthcare and Thomson Reuters to Manage New York State's Medicaid Clinical Best Practices Review Program

...is data-driven and evidence-based approach, we can also help the state make better use of their healthcare resources and lessen the burden of Medicaid spending on the state budget." APS, which operates 41 Medicaid programs in 26 states and Puerto Rico, focuses on improving overall health and wellness thr...

Bedford Laboratories(TM) to Begin Shipping Fluconazole Injection in PVC Flexible Containers

...therapeutic value for human and veterinary medicine. In 2007, Boehringer Ingelheim posted net sales of US $15.0 billion (10.9 billion euro) while spending approximately one-fifth of net sales in its largest business segment, Prescription Medicines, on research and development. For more information o...

Frost & Sullivan Lauds Carl Zeiss Meditec for Dominating the OCT Market for Ophthalmic Applications

...for objective measurement and subjective clinical evaluation of retinal disease detection. To cement its strong market position, it has also increased spending in optical technology R&D. Apart from providing advanced imaging capabilities, Carl Zeiss Meditec offers unparalleled customer service. With ...
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