Life science, also referred to as biology, is the study of life and living things. It includes anatomy, animal biology, bacteriology, biochemistry, cell biology, ecology, evolutionary biology, genetics, molecular biology, plant biology, physiology, and virology. Life science plays a major role in drug discovery, tissue engineering, drug screening, forensic testing, and genetic analysis. The life sciences industry consists of companies operating in the fields of pharmaceuticals, biotechnology, medical devices, biomedical technologies, nutraceuticals, cosmeceuticals, food processing, and others that dedicate their efforts to creating products to improve the lives of organisms. Life sciences products, including reagents, assays, antibodies, immunoassays, and more. Dedicated Fisher Scientific life sciences specialists are ready to help you find the research products and supplies you need for your molecular biology, cell biology, and protein purification. Life Sciences cater to the research and discovery of living organisms and include areas of study such as Agricultural and Biological Sciences, Immunology, and Neuroscience.
Market Dynamics
Major players in the market are also focused on conducting clinical trials to expand their product portfolio. For instance, in March 2020, Achieve Life Sciences, Inc., a clinical-stage pharmaceutical company, presented additional analyses from the ORCA-1 Phase 2b trial that assessed the efficacy of ‘Cytisinicline’, a plant-based alkaloid with a high binding affinity to the α4β2 nicotine receptor, at the SRNT Annual Meeting in New Orleans. Moreover, an increase in the adoption of inorganic growth strategies such as partnerships is expected to drive the growth of the market over the forecast period. For instance, in October 2021, Leinco Technologies, Inc., a contract development manufacturing organization (CDMO), and Vanderbilt University, based in U.S., announced a partnership that will give Leinco exclusive rights to increase antibody production at the center for infectious disease clinical research, diagnostics, therapeutics, and vaccine development.
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