The global clinical microbiology market size was valued at US$ 4.61 billion in 2023 is expected to reach US$ 7.78 billion by 2033. It is poised to grow at a compound annual growth rate (CAGR) of 5.37% from 2024 to 2033.
Company Name | T2 Biosystems Inc. |
Headquarters | Massachusetts, U.S. |
Recent Development | In March 2024, T2 Biosystems, Inc., a pioneer in the quick identification of sepsis-causing bacteria and genes linked to antibiotic resistance, revealed plans for the commercial launch of the T2Lyme Panel and gave an update on recent business developments. Leading the way in the quick identification of sepsis-causing bacteria and antibiotic resistance genes, T2 Biosystems is committed to lowering healthcare costs and enhancing patient outcomes by enabling physicians to treat patients more quickly and efficiently than ever before. The Candida auris test, the T2LymeTM Panel, and the U.S. T2Resistance Panel are among the next products that T2 Biosystems is actively developing. |
Company Name | Entos Pharmaceuticals |
Headquarters | Alberta, Canada |
Recent Development | In January 2024, with its Fusogenix proteolipid vehicle (PLV) nucleic acid delivery platform, Entos Pharmaceuticals, a clinical-stage biotechnology firm, is creating genetic medications. The business just opened a new GMP production facility in Carlsbad, CA. The company's pipeline of partnered and proprietary products will undergo clinical trials and IND-enabling research, with the new location supporting the in-house manufacture of therapeutic material. The plant has 20,000 square feet of area set out for manufacturing, with separate suites for the manufacture of mRNA and plasmid DNA in addition to a lipid formulation production suite. The goal of this laboratory is to assist in the clinical development of COVID-19 booster vaccines, such as Covigenix, as well as potential treatments for cancer, infectious illnesses, uncommon disorders, and eye and ophthalmic ailments. |