Every week our analysts gather the biggest headlines and trends and provide their analysis on major industry developments in the news. Our researchers evaluate news based on potential importance ranking developments from Truly Disruptive to Ignore. Check out our thoughts on the top emerging technology and innovation news and trends across all industries below.
Each Friday we will highlight our Lux Take on the news for the week. Check out our weekly round-up for the first week of March below.
Some 20 Japanese companies form materials informatics consortium to cut development time from years to months
Xiao Zhong, Ph.D., Analyst | @conanxzxz
Lux Take: Truly Disruptive
"Some of the consortium participants include Mitsubishi Chemical, Sumitomo Chemical, Mitsui Chemicals, Toray Industries, and Asahi Kasei. Starting in fiscal year 2021, the goal of this consortium is to develop advanced materials that are more durable and heat-resistant using in-country patents. Specifically, these companies will share a common database, managed by the National Institute for Materials Science (NIMS). As we noted previously, Japanese companies are the most active players in materials informatics. Additionally, it is unclear from this news how these companies plan to handle the resulting intellectual properties generated from this collaboration (likely a sharing mechanism as well), which is a crucial issue for a consortium."
Canopy Growth's scale-down showcases the challenge of balancing indoor and outdoor cannabis cultivation
Alibaba and Ping An develop AI-based diagnostics to detect coronovirus infection from CT scans in seconds
Nardev Ramanathan, Ph.D., Analyst | @Nardev_R
Lux Take: Very Important
"As the coronavirus epidemic becomes a larger global threat, time is of the essence in diagnosing and treating patients. In our recent report, we highlighted how point-of-care diagnostics (POCD) for infectious diseases today still suffer from lack of speed and reliability. Cheek swabs, the primary diagnostic method, employ a PCR-based technique that takes a few hours at best. Alibaba and Ping An have developed an AI-based diagnostic that they claim can detect coronavirus-positive cases with 96% and 90% accuracy within 20 seconds and 15 seconds, respectively, from CT scans. Companies should monitor how these two giants deploy their solutions, especially if they have interest in partnering to bring these solutions to other markets outside China."
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