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Lab Automation

Employmet of auomated process for lab equipments

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    Company and Sector Performance
    36

    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    41
    Social
    30
    Governance
    43
    6 Domains Performance (/100)
    Business behaviour
    48
    Human rights
    39
    Community Environment
    31
    Corporate governance
    40
    Human resources
    22
    Security Scorecard
    77

    Threat indicators
    C
    75
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    63
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    70
    Application Security
    Detecting common website application vulnerbilities
    C
    77
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    D
    60
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    iqvia.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    1
    Human Rights Issues
    0
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    1
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    2
    Fraud Issues
    0
    Labor Health Safety Flags
    0
    Regulatory Issues
    2
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    28
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Lab Automation market report transcript


    Global Market Outlook on Lab Automation

    Life science, healthcare industry contributed to the major share in the overall LIMS market. Increasing need for management of clinical workflow (in terms of regulatory compliance and data security) and to improve efficiencies are fueling the market growth.

    Overall LIMS Market vs. Healthcare LIMS Market (2017)

    • Life science LIMS market contributed close to 35–40% of the overall LIMS market share. Growing need for lab automation in academia and CROs are the major reasons for progress in this sector. Other major contributors include food & agro and chemicals
    • Market drivers: Stringent regulatory requirements, increasing need for lab automation, growing demand in end user segments, like biobanks/biorepositories, academic research institutes, and CROs
    • Market constraints: Lack of availability of skilled and trained professionals, cost of the software subscriptions and maintenance, and non-uniform integration standards are expected to slow the market
    • Further, LIMS has many variants (usage across analytical, clinical, environmental, manufacturing, etc.) to suit the need of the user and it can be developed, customized, and configured to suit the requirement. LIMS are various because client labs are highly diverse

    LIMS/laboratory automation refers to a collection of technologies that are involved in the automatization of repetitive laboratory protocols. It consists of six categories: liquid handling; microplate readers; LIMS, electronic laboratory notebook/laboratory execution system and scientific data management system; multiplex and high-throughput ELISA systems; informatics; and robotics.

    Regional Market

    North America continues to be the dominant market with all the major players located in this region. Pharma, CROs, biorepositories, academia are the developing end-user segments, who will continue to show improvement. Biotech contributes to 20% of the end-user segment and is expected to show improvement, owing to the technical advancement.

    • North America will continue to dominate the market, due to the spread of the leading players in this region. Higher awareness about diseases , diagnosis, and well-equipped end users for LIMS are observed
    • Increased funds for R&D activities in this domain across healthcare (pharmaceutical and biotech, CROs) industry aim to boost the overall healthcare LIMs market
    • Asia Pacific is also looked upon as a prospective market with incredible growth opportunities. Demand to improve R&D facilities, aging population, emerging economy, and unmet medical needs cater to Asia Pacific being a favorable market in the near future

    Competitive Intelligence – Current Industry Trends

    Transforming large chunk of data into meaningful insights in the major aim of all the pharma and the service providers. Current as well as future trend appears to ease data management and provide open source of information to avoid time delay and in turn save cost.

    GSK- Public–Private Partnership

    • GSK has an open partnership with Tres Cantos Open Lab Foundation and established a lab. It is the world's first open lab to work on third world diseases
    • Managing such partnerships can be done using the right informatics tool and maintaining the informatics infrastructure

    GSK - Open Source- Public Data Set

    • GSK, along with CDD Vault (hosted drug discovery informatics system), has established a dataset for kinetoplastids (relevant to human disease) post screening a large number of compounds
    • This is in accord to the open-source systems, which can be freely used and contributed by scientists. This trend is expected to bring synergies among partners

    Roche - IT Solutions

    • Roche launched a clinical lab IT solution, which will help to manage data and workflow across multiple disciplines in clinical research, adding flexibility and remote access, which can be tailored to the user needs
    • This initiative aims to utilize IT developments in lab operations, which indirectly helps in better patient outcomes

    Partnerships

    • Bayer Crop sciences, partnered with Abbott's STARLIMS for managing their agro lab portfolio, data analysis, and submissions
    • AbbVie, Pfizer, Biogen, Amgen, Celgene, Gentech currently work using Core Informatics, LLC's software (CoreLIMS)

    Current Industry Trends

    Cloud-based Systems

    • Growth of cloud-based system for big-data analysis services, such as SaaS, PaaS, IaaS, XaaS, MaaS are being introduced in various life science organizations
    • It helps to provide access to information easier and faster across the globe and also at a lower cost

    Thermo Fisher's SampleManager

    • This tool has updated to a fully integrated scientific data management system and an Electronic Lab Note (ELN), having all functionality in a single program
    • This can prove as a boon to most of the users, owing to the uniformity, ease, and multiple management software integration

    Online LIMS

    • A product that incorporates the logical workflow in lab and creates analytical and management modules
    • Advantages, include easy data retrieval, have in-built auditing feature to be compliant, real-time access and QC, interactive statistical data analyzer, works on any OS, live workbook to perform daily work
    • Reduces support and maintenance cost for the pharma and easy access to data

    Bots and AI in LIMS

    • Also known as Chatbots, they are used in Lab Automation, that can, with the help of AI, tactical job, and customer service functions
    • These are currently used in oil analysis labs, but can also be integrated for clinical and molecular diagnostics labs, for work that is SOP driven to explore opportunities