Each week we highlight five things affecting the life sciences industry. Here’s the latest.
UK Parliament considering new post-market surveillance regulations
- The UK government has introduced new regulations for post-market surveillance of medical devices, aiming to enhance patient safety and device performance monitoring, reports Med-Tech News.
- These regulations will require manufacturers to collect and analyze data on device performance and safety after they have been placed on the market.
Will the tide turn on pharma layoffs?
- Kenneth Getz, a pharmaceutical management expert, attributes the recent wave of pharma layoffs to patent cliffs and economic uncertainties, which includes outcomes from the upcoming US election.
- Per Pharmaceutical Technology, geopolitical events and economic fluctuations have significantly impacted the pharmaceutical industry, leading to layoffs across both large pharma companies and smaller biotechs.
Baxter exits China IV fluids market
- Baxter International has decided to exit the Chinese intravenous fluids market because of local competition and a need to redirect supplies to the U.S., reports Fierce Pharma.
- The decision follows a disruption at Baxter’s North Carolina facility caused by Hurricane Helene, which has led to a shortage of IV fluids in the U.S.
While major VCs raise billions, smaller firms fund early-stage science
- BioSpace reports that large venture capital (VC) firms are raising billions to fund the next generation of biotech companies, focusing mainly on clinical-stage companies with proven executives and data.
- Smaller VC firms are stepping in to fund early-stage, less known companies that could become industry leaders.
Spatial transcriptomics: A window into disease
- Spatial transcriptomics is revolutionizing the way researchers map gene expression in tumor and brain samples, providing insights that could change disease treatment, according to Labiotech.
- This technology combines the spatial information of in situ hybridization with the detail of transcriptomics, allowing for a more comprehensive understanding of cellular environment.
