BioSpace News Archive

The global biotechnology market size was USD 872.00 Billion in 2021 and is expected to register a revenue CAGR of 15.3% during the forecast period. Growing chronic disease incidence and the advent of innovative treatments are driving the market revenue growth. In the treatment of many diseases, biotechnology is quite helpful.

The global DNA sequencing market size was USD 5.30 Billion in 2020 and is expected to register a revenue CAGR of 11.3% during the forecast period.

The global downstream processing market is forecasted to grow at a rate of 12.7%, from USD 18.22 billion in 2019 to USD 45.49 billion in 2030.

The global spatial genomics & transcriptomics market size was USD 178.4 Million in 2020 and is expected to register a CAGR of 18.1% during the forecast period.

Sebela Pharmaceuticals® announced a new division of the company named Sebela Women’s Health along with the appointment of Kelly Culwell, MD, as Head of Research and Development for the division.

Virusight Diagnostic and Technogenetics signed a Memorandum of Understanding to expand their collaboration for worldwide commercialization of the 20-second COVID-19 diagnosis solution and to develop additional diagnostic applications utilizing the technology.

The global bone metastasis market size was significantly robust in 2021 and is expected to register a rapid revenue CAGR over the forecast period.

According to Nova one advisor, the global Cancer Biomarkers market was valued at USD 12.4 billion in 2022 and it is expected to hit around USD 32.9 billion by 2030 with a CAGR of 19.7% during the forecast period 2022 to 2030.

Arcutis Biotherapeutics, Inc., announced positive topline results from its INTEGUMENT-1 pivotal Phase 3 trial of roflumilast cream 0.15%, a once-daily, non-steroidal topical phosphodiesterase-4 inhibitor, in adults and children six years and older with mild to moderate atopic dermatitis.

IDenta Corp. is a worldwide leader in the development of Field Detection and Home Diagnostic Testing Kits for Narcotics, Explosives and Unique Forensic Products in the Homeland Security and Consumer Markets.