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Breath Analyzer Market Size & Share to Surpass $1,987.1 Million by 2028 | Vantage Market Research

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WASHINGTON, April 04, 2023 (GLOBE NEWSWIRE) — Global Breath Analyzer Market is valued at USD 550 Million in 2021 and is projected to reach a value of USD 1,987.1 Million by 2028 at a CAGR (Compound Annual Growth Rate) of 18.1% over the forecast period 2022-2028.

Market Overview

The breath analyzer market is a rapidly growing industry; this growth is being driven by a number of factors, including the increasing prevalence of alcohol and drug abuse, the strict implementation of road safety laws, and the growing demand for efficient and accurate detection devices.

Breath analyzers are devices that are used to measure the amount of alcohol or drugs in a person’s breath. They are commonly used by law enforcement to test for drunk driving, but they can also be used for medical purposes, such as diagnosing certain diseases. The Breath Analyzer Market has witnessed significant growth in recent years, driven by factors such as increased awareness of the dangers of drunk driving, rising concerns about workplace safety, and the growing demand for personal breathalyzers. The market is expected to continue growing at a steady pace, driven by technological advancements, increasing disposable incomes, and stricter regulations governing alcohol consumption.

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Market Dynamics

The carrier screening market is a rapidly growing market, with a number of factors driving its growth. These factors include the increasing awareness of genetic disorders, the rising incidence of genetic disorders, and the growing demand for personalized medicine.

The increasing awareness of genetic disorders is one of the key drivers of the carrier screening market. As people become more aware of genetic disorders, they are more likely to seek out carrier screening tests. This is especially true for couples who are planning to have children, as they want to reduce the risk of having a child with a genetic disorder.

The rising incidence of genetic disorders is another key driver of the carrier screening market. Genetic disorders are becoming more common, due to a number of factors, including changes in lifestyle, environmental factors, and aging. This is leading to an increase in the number of people who are at risk of having a child with a genetic disorder.

The growing demand for personalized medicine is another key driver of the carrier screening market. Personalized medicine is a type of medical care that is tailored to the individual patient’s genetic makeup. Carrier screening can help to identify genetic mutations that may be associated with certain diseases. This information can then be used to develop personalized treatment plans for patients who are at risk of developing these diseases.

The breath analyzer market is a dynamic and ever-changing industry. New technologies are constantly being developed, and new companies are entering the market. This can make it difficult to keep up with the latest trends and developments. However, it is important to stay informed about the market dynamics in order to make informed decisions about your business.

One of the most important factors driving the breath analyzer market is the increasing prevalence of alcohol and drug abuse. Alcohol and drug abuse are major public health problems, and they can have a devastating impact on individuals, families, and communities. Breath analyzers are an important tool for preventing and detecting alcohol and drug abuse. They can be used by law enforcement to test for drunk driving, and they can also be used by employers to test for drug use.

Another factor driving the breath analyzer market is the strict implementation of road safety laws. In many countries, there are laws that prohibit driving under the influence of alcohol or drugs. These laws have led to an increase in the demand for breath analyzers. Breath analyzers can be used by law enforcement to test drivers for alcohol or drugs, and they can also be used by individuals to self-test.

The breath analyzer market is also being driven by the growing demand for efficient and accurate detection devices. Breath analyzers are becoming more accurate and reliable, and they are also becoming more affordable. This has made them more accessible to individuals and businesses.

Top Players in the Global Breath Analyzer Market

  • Alcohol Countermeasure Systems Corporation
  • Intoximeters Inc.
  • Alcolizer Technology Pty Ltd
  • BACtrack
  • Dragerwerk AG & Co. KGaA

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Key Challenges Facing the Breath Analyzer Market:

  • The high cost of breath analyzers: Breath analyzers are relatively expensive, which can limit their adoption by individuals and businesses.
  • The complexity of breath analyzers: Breath analyzers are complex devices, which can make them difficult to use and maintain.
  • The lack of standardization in breath analyzers: There is no single standard for breath analyzers, which can make it difficult to compare different products.
  • The need for regular calibration: Breath analyzers need to be calibrated regularly to ensure accuracy. This can be a time-consuming and expensive process.
  • The potential for false positives: Breath analyzers can sometimes produce false positive results, which can lead to innocent people being accused of drinking and driving.
  • The potential for false negatives: Breath analyzers can sometimes produce false negative results, which can allow people who have been drinking to drive.

Key Opportunities Facing the Breath Analyzer Market:

  • Increasing prevalence of alcohol and drug abuse: Alcohol and drug abuse are major public health problems, and they can have a devastating impact on individuals, families, and communities. Breath analyzers are an important tool for preventing and detecting alcohol and drug abuse. They can be used by law enforcement to test for drunk driving, and they can also be used by employers to test for drug use.
  • Strict implementation of road safety laws: In many countries, there are laws that prohibit driving under the influence of alcohol or drugs. These laws have led to an increase in the demand for breath analyzers. Breath analyzers can be used by law enforcement to test drivers for alcohol or drugs, and they can also be used by individuals to self-test.
  • Growing demand for efficient and accurate detection devices: Breath analyzers are becoming more accurate and reliable, and they are also becoming more affordable. This has made them more accessible to individuals and businesses.
  • Development of new technologies: New technologies are being developed that will make breath analyzers even more accurate and reliable. These technologies include the use of artificial intelligence (AI) and machine learning (ML).
  • Entry of new companies into the market: New companies are entering the breath analyzer market, which is driving innovation and competition. These companies are developing new products and technologies that are making breath analyzers more affordable and accessible.

Top Report Findings

  • The global breath analyzer market size is expected to reach USD 550 Million by 2028, growing at a CAGR of 18.1% during the forecast period.
  • The personal breathalyzer segment is expected to witness the fastest growth during the forecast period, owing to the increasing demand for portable and easy-to-use breathalyzers.
  • North America is the largest market for breath analyzers, driven by the stringent regulations on drunk driving and the increasing awareness about the harmful effects of alcohol.
  • The increasing adoption of advanced technologies such as fuel cell sensors and infrared spectroscopy is driving the growth of the Breath Analyzer Market.
  • The lack of standardization in breathalyzer testing procedures and the high cost of breath analyzers are some of the key challenges facing the industry.

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Top Trends in Breath Analyzer Market

  • Growing Demand for Smartphone-Connected Breathalyzers: One of the key trends in the Breath Analyzer Market is the increasing popularity of smartphone-connected breathalyzers. These devices can be easily paired with a smartphone app, allowing users to monitor their drinking habits and track their BAC levels. This trend is being driven by the growing use of smartphones and the convenience they offer.
  • Increasing Use of Breathalyzers in the Workplace: Another trend in the Breath Analyzer Market is the growing demand for breathalyzers in workplaces. Employers are increasingly using breathalyzers to ensure a safe working environment and reduce the risk of accidents. This trend is being driven by stricter regulations and the need to maintain a safe and productive workplace.
  • Advancements in Technology: The Breath Analyzer Market is witnessing rapid advancements in technology, with companies investing heavily in research and development to develop more accurate and reliable breathalyzers. The use of advanced technologies such as fuel cell-based breathalyzers and infrared spectroscopy-based breathalyzers is expected to drive market growth.
  • Rising Awareness about Drunk Driving: The increasing awareness about the dangers of drunk driving is also driving the growth of the Breath Analyzer Market. Governments and law enforcement agencies are encouraging the use of breathalyzers to prevent drunk driving accidents and reduce fatalities on the roads.

Global Breath Analyzer Market Segmentation

By Technology

  • Fuel Cell Technology
  • Semiconductor Oxide Sensor Technology
  • Infrared Spectroscopy

By Application

  • Drug Abuse Detection
  • Alcohol Detection
  • Other Applications

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Browse market data Tables and Figures spread through 165 Pages and in-depth TOC on Breath Analyzer Market Forecast Report (2022-2028).

Scope of the Report:

Report Attributes Details
Market Size in 2021 USD 550 Million
Revenue Forecast by 2028 USD 1,987.1 Million
CAGR 18.1% from 2022 to 2028
Base Year 2021
Forecast Year 2022 to 2028
Key Players Alcohol Countermeasure Systems Corporation, Intoximeters, Inc., Alcolizer Technology Pty Ltd, BACtrack, Dragerwerk AG & Co. KGaA
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Key Questions Answered in the Breath Analyzer Market Report

  • What are the key drivers of the Breath Analyzer Market, and how are they likely to impact the industry’s growth in the coming years?
  • What are the latest trends in the industry, and how are they shaping the market landscape?
  • What are the growth prospects for the Breath Analyzer Market, and what factors are likely to drive growth in different regions of the world?
  • Who are the leading players in the industry, and what strategies are they using to stay ahead of the competition?
  • What are the challenges facing the Breath Analyzer Market, and how are companies addressing them?
  • What are the key opportunities in the industry, and how can investors and entrepreneurs tap into them?
  • What are the latest technological advancements in the industry, and how are they likely to shape the future of the Breath Analyzer Market?

Regional Analysis

North America: The North American market for breath analyzers is the largest in the world, driven by factors such as strict regulations governing alcohol consumption and the increasing adoption of breathalyzers by law enforcement agencies. The market is expected to continue growing at a steady pace, driven by technological advancements and rising awareness about the dangers of drunk driving.

Europe: The European market for breath analyzers is also witnessing significant growth, driven by factors such as increasing awareness about workplace safety and the rising popularity of personal breathalyzers. The market is expected to continue growing, driven by advancements in technology and the increasing adoption of breathalyzers by employers to ensure a safe working environment.

Asia Pacific: The Asia Pacific market for breath analyzers is witnessing rapid growth, driven by factors such as rising disposable incomes, increasing awareness about the dangers of drunk driving, and the growing demand for personal breathalyzers. The market is expected to continue growing at a fast pace, driven by advancements in technology and the increasing adoption of breathalyzers by law enforcement agencies and employers.

Latin America: The Latin American market for breath analyzers is witnessing steady growth, driven by factors such as rising concerns about workplace safety and the increasing adoption of breathalyzers by law enforcement agencies. The market is expected to continue growing at a moderate pace, driven by advancements in technology and the rising awareness about the dangers of drunk driving.

Middle East and Africa: The Middle East and Africa market for breath analyzers is witnessing slow growth, primarily due to the lack of awareness about the dangers of drunk driving and the limited adoption of breathalyzers by law enforcement agencies and employers. However, the market is expected to witness growth in the future, driven by increasing awareness about workplace safety and rising disposable incomes.

Reason to Buy Breath Analyzer Market Report

  • To stay up-to-date on the latest trends and developments in the breath analyzer market. The breath analyzer market is constantly evolving, with new products and technologies being introduced all the time. A breath analyzer market report will keep you informed of these changes so that you can make informed decisions about your business.
  • To understand the competitive landscape in the breath analyzer market. The breath analyzer market is a competitive one, with a number of leading companies vying for market share. A breath analyzer market report will give you an overview of the competitive landscape so that you can identify your competitors and develop strategies to compete effectively.
  • To identify opportunities for growth in the breath analyzer market. The breath analyzer market is a growing market, with a number of factors driving growth. A breath analyzer market report will identify the opportunities for growth in the market so that you can capitalize on them.
  • To make informed decisions about your business. A breath analyzer market report will provide you with the information you need to make informed decisions about your business, such as which products to develop, which markets to target, and how to price your products.

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More than $9 Million Awarded to High School Scientists and Engineers at the Regeneron International Science and Engineering Fair 2024

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Grace Sun, 16, receives $75,000 Top Award for a new kind of organic electrochemical transistor at the world’s largest pre-college science, technology, engineering and math (STEM) competition.
TARRYTOWN, N.Y. and WASHINGTON, May 17, 2024 /PRNewswire/ — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) and Society for Science (the Society) announced that Grace Sun, 16, of Lexington, Kentucky, won the $75,000 top award, the George D. Yancopoulos Innovator Award, named in honor of the pioneering drug researcher and Regeneron co-Founder, Board co-Chair, President and Chief Scientific Officer, in the 2024 Regeneron International Science and Engineering Fair (Regeneron ISEF), the world’s largest pre-college science and engineering competition. Other top prizes went to projects in second-order cone programming, microplastics filtration and multi-sensory therapy for dementia.

The top winners were honored during two award ceremonies: the Special Awards on May 16 and the Grand Awards Ceremony on the morning of May 17. In total, over $9 million USD was awarded to the finalists based on their projects’ creativity, innovation and depth of scientific inquiry. The competition featured nearly 2,000 young scientists representing 49 U.S. states and nearly 70 countries, regions and territories across the world.
Grace Sun, 16, of Lexington, Kentucky, won first place and received the $75,000 George D. Yancopoulos Innovator Award for her research on building a better organic electrochemical transistor that she hopes will be used to develop new electronic devices that could help detect and treat serious illnesses like diabetes, epilepsy and organ failure. To overcome the problems that have previously prevented such devices from working effectively inside the body, Grace developed a new way of chemically treating their organic components, which greatly improved their laboratory performance.
Michelle Wei, 17, of San Jose, California, received one of two Regeneron Young Scientist Awards of $50,000 for her research to improve the speed and efficiency of a type of software that is useful in many fields such as machine learning, transportation and financial systems. Michelle’s new approach involved determining a quick approximate solution to the second-order cone programming problem, then splitting the initial cone into smaller cones, which enabled her new algorithm to greatly outperform previous approaches.
Krish Pai, 17, of Del Mar, California, received the second Regeneron Young Scientist Award of $50,000 for his machine-learning research to identify microbial genetic sequences that can be modified to biodegrade plastic. His new software, called Microby, scans databases of microorganisms and determines which ones can be changed genetically to biodegrade plastics. In tests, he identified two microorganisms that can be genetically modified to degrade plastic at a cost he believes would be ten times less than traditional recycling.
 “Congratulations to the Regeneron International Science and Engineering Fair 2024 winners,” said Maya Ajmera, President and CEO, Society for Science and Executive Publisher, Science News. “I’m truly inspired by the ingenuity and determination shown by these remarkable students. Coming from around the world with diverse backgrounds and academic disciplines, these students have shown that it is possible to come together in unity to tackle some of the toughest challenges facing our world today, and I could not be prouder.”
Regeneron ISEF provides a global stage for the world’s best and brightest young scientists and engineers. Through this competition, Regeneron and the Society are fostering the next generation of STEM leaders who are pioneering solutions to improve our world. Since 2020, Regeneron has provided STEM experiences to approximately 2.4 million students, on track to meet its goal of 2.5 million by 2025.
“The talent, intelligence and potential of this year’s Regeneron ISEF finalists is truly inspiring, and I congratulate each on their remarkable achievements,” said George D. Yancopoulos, M.D., Ph.D., co-Founder, Board co-Chair, President and Chief Scientific Officer of Regeneron. “Science competitions like ISEF were pivotal in shaping my own career and fueling my passion to fight back against disease. I look forward to seeing these students continue to push the boundaries of science and technology to create positive and sustainable change for all humanity.”
Other top honors from the competition include:
Justin Huang and Victoria Ou, both 17, of Woodlands, Texas, received the Gordon E. Moore Award for Positive Outcomes for Future Generations of $50,000 for their new prototype filtration system that uses ultrasonic waves to remove microscopic plastic particles from water. In lab tests, the acoustic force from the high-frequency sound waves removed between 84% and 94% of the suspended microplastic particles in a single pass. The students are now working to scale up and fine-tune their experimental system.
Ingrid Wai Hin Chan, 17, of Hong Kong, China received the Craig R. Barrett Award for Innovation of $10,000 for her research on using a multi-sensory therapy for dementia patients. Her mixed therapy app would allow patients to practice physical and cognitive skills through a personalized, immersive environment using virtual reality headsets. Ingrid conducted an eight-week study with six people living with dementia and found that the cognitive function of patients who used her prototype improved in several areas. She believes her app could serve as a viable option for dementia patients with limited access to in-person professional therapy.
Tanishka Balaji Aglave, 15, of Valrico, Florida, received the H. Robert Horvitz Prize for Fundamental Research of $10,000 for her investigation into a natural alternative treatment against citrus greening, a disease that threatens citrus farming in many parts of the world and is currently only treated with antibiotics. Tanishka injected the trunks of infected trees with an extract from the curry leaf tree, and found through tests that this potential method could effectively and sustainably manage citrus greening disease.
Maddux Alexander Springer, 18, of Honolulu, Hawaii, received the Peggy Scripps Award for Science Communication of $10,000 for his research into fibropapillomatosis (FP), a disease that is the primary cause of death in green sea turtles. Some turtles he studied in Kaneohe Bay, Hawaii, were stricken with a disease that causes internal and external tumors that inhibit their everyday lives. After analyzing the turtles’ diet of green algae, Maddux concluded that this disease, wastewater, invasive algae and the amino acid arginine all pose a grave risk to these endangered sea creatures.
Ria Kamat, 17, of Hackensack, New Jersey; Anna Oliva, 17, of Houston, TX; and Shuhan Luo, 18, of Worcester, MA, received the Dudley R. Herschbach SIYSS Award, which provides finalists an all-expense paid trip to attend the Stockholm International Youth Science Seminar during Nobel Week in Stockholm, Sweden.
Jack Shannon, 18, of Clane, Kildare, Ireland, and Nikhil Vemuri, 17, of Cary, North Carolina, received the EU Contest for Young Scientists Award. Their projects will represent Regeneron ISEF at the EU Contest for Young Scientists to be held this September in Katowice, Poland.
For more information about the top winners and access to visual assets visit:  https://www.societyforscience.org/isef-2024-media-kit.
The full list of Special Award ISEF 2024 Finalists can be found at https://www.societyforscience.org/press-release/regeneron-isef-2024-special-awards-winners.
In addition to the Top Award winners, more than 450 finalists received awards and prizes for their innovative research, including “First Award” winners, who each received a $5,000 prize.
The following lists the First Award winners for each of the 22 categories, from which the Top Awards were chosen:
Animal Sciences, sponsored by Society for ScienceMaddux Alexander Springer, Honolulu, Hawaii
Behavioral and Social Sciences, sponsored by Society for ScienceAndrew Y. Liang, San Jose, California
Biochemistry, sponsored by RegeneronAmy Hong Xiao, Garden City, New York
Biomedical and Health Sciences, sponsored by RegeneronRia Kamat, Hackensack, New Jersey; Kevin Xuan Lei, Shanghai, China
Biomedical Engineering, sponsored by Alfred E. Mann CharitiesAyush Garg, Dublin, California; Divij Motwani, Palo Alto, California; Akash Ashish Pai, Portland, Oregon
Cellular and Molecular Biology, sponsored by RegeneronLara and Maya Sarah Hammoud, Beverly Hills, Michigan
Chemistry, sponsored by Society for ScienceAkilan Sankaran, Albuquerque, New Mexico; Arjun Suresh Malpani and Siddharth Daniel D’costa, Portland, Oregon
Computational Biology and Bioinformatics, sponsored by RegeneronKun-Hyung Roh, Bronx, New York
Earth and Environmental Sciences, sponsored by Google.orgNikhil Vemuri, Durham, North Carolina; Justin Yizhou Huang and Victoria Ou, The Woodlands, Texas
Embedded Systems, sponsored by HPChloe Rae and Sophie Rose Filion, Welland, Ontario, Canada
Energy: Sustainable Materials and Design, sponsored by Siemens EnergyAlia Wahban, Hamilton, Ontario, Canada
Engineering Technology: Statics and Dynamics, sponsored by Howmet Aerospace FoundationChiyo Nakatsuji, Bunkyoku, Tokyo, Japan; Kevin Shen, Olympia, Washington
Environmental Engineering, sponsored by JacobsKrish Pai, San Diego, California; Jack Shannon, Clane, Kildare, Ireland
Materials Science, sponsored by Howmet Aerospace FoundationGrace Sun, Lexington, Kentucky
Mathematics, sponsored by Akamai FoundationAnna Oliva, Houston, Texas
Microbiology, sponsored by Schattner FoundationMatthew Chang, Irvine, California
Physics and Astronomy, sponsored by Richard F. Caris Charitable Trust IIHarini Thiagarajan and Vishal Ranganath Yalla, Bothell, Washington; Shuhan Luo, Worcester, Massachusetts
Plant Sciences, sponsored by Society for SciencePauline Estrada, Fresno, California; Tanishka Balaji Aglave, Dover, Florida
Robotics and Intelligent Machines, sponsored by RegeneronMichal Lajciak, Dubnica nad Vahom, Trenciansky kraj, Slovakia; Anthony Efthimiadis, Oakville, Ontario, Canada
Systems Software, sponsored by MicrosoftMichelle Wei, San Jose, California
Technology Enhances the Arts, sponsored by Society for ScienceAnant Khandelwal, Sritan Motati and Siddhant Sood, Alexandria, Virginia
Translational Medical Science, sponsored by RegeneronZheng-Chi Lee, West Lafayette, Indiana; Ingrid Wai Hin Chan, Hong Kong, China
The full list of all award-winning ISEF 2024 finalists is available here: https://www.societyforscience.org/press-release/regeneron-isef-2024-full-awards.
View all the finalists’ research here: https://projectboard.world/isef.
About the Regeneron International Science and Engineering FairThe Regeneron International Science and Engineering Fair (Regeneron ISEF), a program of Society for Science for over 70 years, is the world’s largest global science competition for high school students. Through a global network of local, regional and national science fairs, millions of students are encouraged to explore their passion for scientific inquiry. Each spring, a group of these students is selected as finalists and offered the opportunity to compete for approximately U.S. $9 million in awards and scholarships.
In 2019, Regeneron became the title sponsor of ISEF to help reward and celebrate the best and brightest young minds globally and encourage them to pursue careers in STEM to positively impact the world. Regeneron ISEF is supported by a community of additional sponsors, including Akamai Foundation, Alfred E. Mann Charities, Aramco, Caltech, Google.org, Gordon and Betty Moore Foundation, Howmet Aerospace Foundation, HP, , Jacobs, King Abdulaziz & his Companions Foundation for Giftedness and Creativity, Microsoft, National Geographic Society, Richard F. Caris Charitable Trust II, Rise, an initiative of Schmidt Futures and the Rhodes Trust, Schattner Foundation, Siemens Energy, Annenburg Foundation, Ballmer Group, Broadcom Foundation, Cesco Linguistic Services, Conrad N. Hilton Foundation, Edison International, Insaco, Oracle Academy, The Eli and Edythe Broad Foundation, The Ralph M. Parsons Foundation and US Army ROTC. Many are entrepreneurs across a wide range of industries. Learn more at https://www.societyforscience.org/isef/.
About Society for ScienceSociety for Science is a champion for science, dedicated to promoting the understanding and appreciation of science and the vital role it plays in human advancement. Established in 1921, Society for Science is best known for its award-winning journalism through Science News and Science News Explores, its world-class science research competitions for students, including the Regeneron Science Talent Search, the Regeneron International Science and Engineering Fair and the Thermo Fisher Scientific Junior Innovators Challenge, and its outreach and equity programming that seeks to ensure that all students have an opportunity to pursue a career in STEM. A 501(c)(3) membership organization, Society for Science is committed to inform, educate and inspire. Learn more at www.societyforscience.org and follow us on Facebook, Twitter, Instagram and Snapchat (Society4Science).
About RegeneronRegeneron (NASDAQ: REGN) is a leading biotechnology company that invents, develops and commercializes life-transforming medicines for people with serious diseases. Founded and led by physician-scientists, our unique ability to repeatedly and consistently translate science into medicine has led to numerous approved treatments and product candidates in development, most of which were homegrown in our laboratories. Our medicines and pipeline are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, neurological diseases, hematologic conditions, infectious diseases and rare diseases. 
Regeneron believes that operating as a good corporate citizen is crucial to delivering on our mission. We approach corporate responsibility with three goals in mind: to improve the lives of people with serious diseases, to foster a culture of integrity and excellence and to build sustainable communities. Regeneron is proud to be included on the Dow Jones Sustainability World Index and the Civic 50 list of the most “community-minded” companies in the U.S. Throughout the year, Regeneron empowers and supports employees to give back through our volunteering, pro bono and matching gift programs. Our most significant philanthropic commitments are in the area of early science education, including the Regeneron Science Talent Search and the Regeneron International Science and Engineering Fair (ISEF).
For more information, please visit www.Regeneron.com or follow Regeneron on LinkedIn, Instagram, Facebook or X.
More information about the top winners and access to visual assets visit:  https://www.societyforscience.org/isef-2024-media-kit.
Media ContactsJoseph Brown, [email protected]
Gayle Kansagor, Society for [email protected]
Photo – https://mma.prnewswire.com/media/2416174/Regeneron_ISEF_2024_Winners_Photo.jpg 
Logo – https://mma.prnewswire.com/media/2416197/Society_for_Science_Logo.jpg 

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J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Announce Winner of Inaugural 2024 Life Sciences Innovation Summit

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In conjunction with Abu Dhabi Global Healthcare Week 2024
ABU DHABI, UAE, May 17, 2024 /PRNewswire/ — J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Group announced today Rayees Rahman of Harmonic Discovery as the winner of the inaugural J.P. Morgan Asset Management: Life Sciences Innovation Summit. Harmonic Discovery is a precision pharmacology company applying its generative chemistry platform to advance next-generation kinase inhibitors.

In partnership with the Department of Health – Abu Dhabi (DoH), the Summit took place on May 14-15, 2024 at Cleveland Clinic Abu Dhabi and showcased the 11 innovative finalists, as well as highlighted existing innovators and opportunities in the Emirate of Abu Dhabi. The event also featured keynote speeches from Dr. Laurie Glimcher of Dana-Farber Cancer Institute, Dr. Shahrukh Hashmi of the Department of Health – Abu Dhabi, and Dr. David Ho of Columbia University Medical Center and provided attendees networking opportunities to gain valuable insights into the future of life sciences innovation. 
In addition, the jury designated Chun-Hao Huang of Algen Biotechnologies as honourable mention. Algen Biotechnologies is a platform therapeutics and drug discovery company using world-leading CRISPR and AI to find treatments for cancer, inflammation and metabolic diseases.
The winners were selected by an esteemed, international panel of judges, which included:Laurie Glimcher, MD, President and CEO at Dana-Farber Cancer InstituteJorge Guzman, MD, CEO at Cleveland Clinic Abu DhabiProf. Shahrukh Khurshid Hashmi, MD, Director of Research, Department of Health, Abu DhabiYasmine Hayek Kobeissi, PhD, CQF, BSc., Executive Director at Blue Horizon AdvisorsAnya Schiess, Managing Partner at J.P. Morgan Life Sciences Private CapitalWalid Zaher, PhD, Co-Founder and CEO, Carexso
Dr. Asma Al Mannaei, Executive Director of the Research and Innovation Centre at the Department of Health – Abu Dhabi said: “Under the directives of the UAE’s wise leadership, and renowned for its world-leading medical infrastructure, Abu Dhabi stands at the forefront of healthcare excellence, offering an unparalleled opportunity for advancement in healthcare for global partners. It was our utmost pleasure hosting the J.P. Morgan Asset Management Life Sciences Innovation Summit 2024 on the sidelines of Abu Dhabi Global Healthcare Week and we commend the winners for their pioneering efforts in driving impactful advancements in healthcare; their dedication to innovation not only transforms the landscape of medicine, but also holds the promise of improving lives worldwide.” 
Stephen Squinto, PhD, Chief Investment Officer, J.P. Morgan Life Sciences Private Capital said: “We are thrilled with the level of biotech passion and innovation that we observed at this year’s Summit in Abu Dhabi. The energy was truly palpable we are thrilled to announce Rayees Rahman as the winner of our first Life Sciences Innovation Summit. Harmonic Discovery’s approach embodies the next generation of drug discovery and development. We appreciate the time and effort of all participants and cannot wait for our next event in the region.”
Nabil Kobeissi, Chief Executive Officer of Blue Horizon Advisors, said: “As the main sponsor, we are committed to nurturing and fostering the growth of all 11 finalists in this vibrant biotech ecosystem. This Summit marks the beginning of a transformative journey, and we are confident that it will pave the way for a flourishing hub in the region. We are also pleased to announce that we will commit to invest in and partner with the winner, Harmonic Discovery, to support its future growth in the region.”
Sponsors for the event included J.P. Morgan Life Sciences Private Capital, J.P. Morgan Commercial Bank, Blue Horizon Advisors, United Al Saqer Group, Thermo Fisher Scientific, and Salam Capital. The Summit organisation, logistics and finalist recruitment were facilitated by Lyfebulb.
Of importance, at the Summit, Mr. Mohamed Al Breiki, Executive Director of Sustainable Development at Masdar City, announced that Masdar City Free Zone would award all 11 Finalists complimentary business licenses to further support their establishment in the region. Masdar City is one of the world’s most sustainable urban developments and innovation hubs with a growing focus on life science entrepreneurship in Abu Dhabi.

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Artificial Intelligence

Congregating in the Lion City for a Win-Win Future of Intelligent Computing at the Global Data Center Facility Summit 2024

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congregating-in-the-lion-city-for-a-win-win-future-of-intelligent-computing-at-the-global-data-center-facility-summit-2024

SINGAPORE, May 17, 2024 /PRNewswire/ — On May 17, 2024, the Global Data Center Facility Summit 2024 was held in Singapore with the theme of “Power the Digital Era Forward.” At the summit, over 600 data center industry leaders, technical experts, and ecosystem partners gathered to discuss new trends and opportunities of the global data center industry in the intelligent computing era. The attendees also got to experience all-scenario, all-ecosystem, and all-service end-to-end (E2E) solutions, share innovative practices of green data centers in the Asia Pacific and Europe, and experience the exhibition vehicle to unveil the mystery of Outdoor PowerPOD that features one power system per container. By fully embracing the intelligent computing era, Huawei strives to power the digital era forward.

Seizing Opportunities Brought by AI and Jointly Building Green & Reliable Computing Infrastructure
At the opening speech, Charles Yang, Senior Vice President of Huawei and President of Marketing, Sales and Services, Huawei Digital Power, noted that since ChatGPT ushered in the AI era, large models keep pushing the limits of computing power and the intelligent computing industry is witnessing an unprecedented construction boom. As predicted, 100 GW will be added to the global data center installed capacity and the market value will exceed US$600 billion in the next five years.
According to Charles, with opportunities come challenges. The primary challenge concerning the data center industry is reliability and electricity. Data centers are scaling up from the MW-level to the GW-level. E2E reliability of data centers is becoming even more important than ever. In response to the opportunities, Huawei will work with customers and partners to expand the industry space.
Steering Data Centers to the AI Era with Product + Service + Ecosystem
During the summit, Sun Xiaofeng, President of Huawei Data Center Facility & Critical Power Business, delivered a speech titled “Power the Digital Era Forward. ” He stated that as AI large models are penetrating, the surging compute demands drive the expansive growth in data center.
To address the challenges, Huawei strives to build product + service + ecosystem E2E data center solutions that feature fast deployment, flexible cooling, green energy, and ultimate reliability.
Fast deployment: Data centers are fully modularized and prefabricated to ensure high quality and efficient construction.Flexible cooling: Air-liquid fusion and integrated cooling source emerges as the optimal cooling architecture for intelligent computing.Green energy: New generation-grid-load-storage integrated solution is built to ensure the sound operations of intelligent computing centers.Ultimate reliability: Data centers are safeguarded through reliable products and preventive protection.Currently, Huawei’s global service network covers more than 170 countries with over 1800 professional engineers, providing 24/7 technical support. With N+ flagship service centers, Huawei has built a one-hour service radius for its customers.
The ecosystem is a key part for a win-win future of intelligent computing. Huawei works with partners to develop comprehensive E2E solutions and provide customers with one-stop data center services.
During the summit, Huawei and the ASEAN Centre for Energy released a white paper on “Building Next Generation Data Center Facility in ASEAN.” The document provides insights into the status quo, challenges, and trends of data centers in the ASEAN region, and emphasizes that efficient and energy-saving products and solutions should be applied. It also proposes future-oriented policy recommendations for data center markets.
In the ecosystem exhibition area, Huawei showcased scenario-based solutions for large-, medium-, and small-sized data centers, and demonstrated data center consulting, design, integrated development, and delivery capabilities with dozens of ecosystem partners including CIMC, Weichai, CSCEC, and Huashi.
On a special note, the Huawei Outdoor PowerPOD exhibition vehicle made its global debut. The Huawei Outdoor PowerPOD features one power system per container, outdoor deployment, plug-and-play, and high protection rating and reliability. It has become the preferred choice for decoupling the power supply architecture.
A single tree cannot make a forest.
AI is presenting great opportunities. By delving into the industry, aggregating partner ecosystems, and making innovations applicable to transformations, Huawei will continue to help customers build reliable computing infrastructure, accelerating the industry to embrace AI and powering the digital era forward.
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View original content:https://www.prnewswire.co.uk/news-releases/congregating-in-the-lion-city-for-a-win-win-future-of-intelligent-computing-at-the-global-data-center-facility-summit-2024-302148973.html

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