Wound closure market set to grow in Europe:
This article was originally published in Clinica
The European market for wound closure products is forecast to rise from $814 million in 1999 to $1,172 million by 2006, according to a new report from Frost & Sullivan. European Wound Closure Markets highlights the synthetic absorbable suture and tissue sealant segments as offering the best prospects, with the latter recording market growth of 17.3% in 1999. The tissue sealant market is characterised by a lack of customer loyalty and low levels of customer satisfaction, the report says. For further details: www.frost.com
You may also be interested in...
Pain relief product sales grew 27% and upper respiratory sales 35% for the week ended 7 March as consumers respond to COVID-19, according to Nielsen data noted in a Jefferies report on consumer health purchasing trends. Private label market share is up slightly, while OTC purchases continue primarily in conventional stores.
Managing partner Corey Goodman said venBio didn’t have trouble closing its fund, because the venture capital firm prepared its investors for an economic downturn months ago.
The US FDA has proposed moving two categories of hepatitis C diagnostics to class II from class III because they pose relatively low risk.