#Global DNA Encoded Library Market Demand

[colinwilson11]

Global DNA Encoded Library Market Will Grow At Highest Pace Owing To Rising Demand For Targeted Drug Discovery

DNA encoded library is an innovative approach that employs DNA sequences to encode large chemical libraries for drug discovery. DNA encoded libraries provide advantages like screening of millions of compounds in parallel and facilitating drug discovery research. The technique involves encoding large collections of small molecules, peptides or oligonucleotides with short DNA tags and then screening them for potential hits. This enables high-throughput screens focusing on specific targets for applications in drug discovery, chemical biology and systematic evolution of ligands by exponential enrichment (SELEX).

The Global DNA Encoded Library Market is estimated to be valued at US$ 0.8 Bn in 2024 and is expected to exhibit a CAGR of 16% over the forecast period 2024-2031.

Key Takeaways

Key players operating in the Global DNA Encoded Library are BOC Sciences, DyNAbind, Edelris, GenScript, and HitGen. These players are adopting strategies like collaborations, investments in R&D and new product launches to strengthen their market position. The growing demand for effective therapeutics against various diseases is also boosting the demand for DNA encoded library-based drug discovery worldwide. Additionally, technological advancements like next generation sequencing and mass spectrometry is further enhancing the screening capabilities and fueling the growth of this market.

Market Trends

Some of the key trends driving the growth of the Global DNA Encoded Library market include rising adoption of DNA-encoded library techniques by pharmaceutical companies and growth of clinical trials. The traditional drug discovery methods are being replaced with DNA-encoded techniques owing to their advantages. They enable screening libraries of billions of compounds efficiently in a high-throughput manner. Another trend is the increasing partnerships between technology providers and end-users to accelerate the drug discovery process using DNA-encoded library platforms.

Market Opportunities

The untapped potential of emerging economies and growing research in genomic applications presents huge opportunities for players in this market. Rapid advances in DNA synthesis and sequencing technologies are further expanding the applications of DNA-encoded libraries. Adoption of artificial intelligence and machine learning can also enhance the screening and data analysis capabilities. Development of customized DNA-encoded libraries focused on specific disease pathways will witness high demand in coming years.

Impact Of Covid-19 On Global DNA Encoded Library Market Growth:

The outbreak of Covid-19 pandemic severely impacted the growth of global DNA encoded library market in the initial months of 2020. Various social restrictions imposed by governments like lockdowns and social distancing norms disrupted the supply chain and halted research activities at labs and research institutions globally. This led to delays in drug discovery programs utilizing DNA encoded libraries. Many biopharma companies also shifted resources to focus on Covid-19 vaccine and treatment research in the short term.

However, as research communities and industries adapted to the new normal, activity levels recovered gradually in 2021. The pandemic also highlighted the importance of therapeutics for infectious diseases, boosting investment in areas like antibiotic discovery utilizing DNA encoded libraries. Many players in the market also expedited development of Covid-19 antiviral and treatment libraries. Going forward, market players are focusing on digitalization of operations and remote collaborations to make discovery processes more resilient to future disruptions. Governments are also providing increased funding for genomics and biotech to accelerate development of new drugs.

Concentration Of Global DNA Encoded Library Market In Terms Of Value:

North America region currently accounts for the largest share of global DNA encoded library market in terms of value, estimated at over 40% in 2024. This is due to presence of major pharmaceutical players and contract research organizations (CROs) actively utilizing these libraries for drug discovery programs in the US and Canada. Countries like the US also provide favorable funding environment for genomic and biotech research. Europe is the second largest regional market led by presence of large pharma companies and academic research institutes in countries like UK, Germany and France. The market is also witnessing fastest growth in Asia Pacific region led by China and India. This is attributed to increasing government investments in healthcare sector, emerging biotech industry and growing expertise in DNA sequencing and library construction technologies.

Fastest Growing Region In The Global DNA Encoded Library Market:

Asia Pacific region is poised to emerge as the fastest growing regional market for DNA encoded libraries during the forecast period from 2024 to 2031. This growth can be attributed to increasing government emphasis and funding for research in genomics, biotech and synthetic biology in emerging economies like China and India. Favorable business environment and presence of skilled labor are also attracting many global library developers and pharmaceutical companies to set up research and manufacturing facilities in the region. In addition, the region provides significant cost advantages compared to developed markets for drug discovery processes. With improving standards and widespread adoption of DNA encoded library technologies, Asia Pacific will continue dominating the growth of worldwide market in the coming years.

Get more insights on this topic:   https://www.pressreleasebulletin.com/global-dna-encoded-library-market-set-for-high-growth-due-to-advancements-in-dna-screening-technologies/

Author Bio:

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163 )

What Are The Key Data Covered In This Global DNA Encoded Library Market Report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the Global DNA Encoded Library Market's growth between 2024 and 2031.

:- Accurate calculation of the size of the Global DNA Encoded Library Market and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- Global DNA Encoded Library Market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market's competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of Global DNA Encoded Library Market vendors

FAQ’s

Q.1 What are the main factors influencing the Global DNA Encoded Library Market?

Q.2 Which companies are the major sources in this industry?

Q.3 What are the market’s opportunities, risks, and general structure?

Q.4 Which of the top Global DNA Encoded Library Market companies compare in terms of sales, revenue, and prices?

Q.5 Which businesses serve as the Global DNA Encoded Library Market’s distributors, traders, and dealers?

Q.6 How are market types and applications and deals, revenue, and value explored?

Q.7 What does a business area’s assessment of agreements, income, and value implicate?

*Note: 1. Source: Coherent Market Insights, Public sources, Desk research 2. We have leveraged AI tools to mine information and compile it

[nawafithme]

SXSW Survival Guide: Austin Street Closures, Tips, Apps And More

AUSTIN, TX — Brace yourselves, residents. It’s that time of year again when SXSW rolls into town, bringing with it a mass of humanity creating the most congested days of the year as a global audience descends upon the city to enjoy the music and arts festival — so congested, in fact, that the city has proclaimed Friday as ATX Detour Day.

Friday, you see, is the festival’s opening day. Tens of thousands will will arrive en masse looking to check into their hotels, scrambling to retrieve their coveted event passes, scurrying to the first panel discussion or concerts, ambling down the city’s entertainment sectors for a much-needed, post-travel cocktail, etc.

In short, it’ll be something of a madhouse. It always is, and yet the city is suffused with an energy other municipalities would covet: Music of dizzying variety fills the air; the sound of people’s laughter wafts through the ether; aromas of food invade every crevice; the roar of collected humanity crammed into venues alerts not to our differences, but our commonalities.

It’s magical. But make no mistake: It will be congested. To ameliorate the madness, city officials, police, mass transit and other entities offer tips to ensure residents and visitors alike can navigate the festival as smoothly as possible while staying safe.

The first day of SXSW starts this Friday, March 9, and runs through Saturday, March 17.

Subscribe

City Declares ATX Detour Day

To ameliorate the musical madness, ATX Detour Day is meant to encourage employers and workers (especially those downtown, or ground zero of SXSW) to think of alternative commute options for Friday and into the festival’s two-week run.

Some of the options suggested may be more feasible, depending on conditions and demands of work and home life, city officials explain. It’s best to choose what suits your lifestyle best and ask your employer what options are available, officials added.

Detour from your routine work time or location:

Telework. Work from an alternative worksite, such as home or a nearby library, to reduce your commute. Doing so even one day a week makes a positive difference to your health, the environment, traffic and productivity.Flex work hours. If your employment situation allows it, work a non-traditional schedule, such as 7 a.m.-4 p.m. instead of 8 a.m.-5 p.m., so you can avoid the most congested hours.Compress your work week. Cut your commute by working fewer days with more hours, such as four 10-hour days instead of five eight-hour days.

Detour with an active commute:

Bike. Knock out multiple goals at once by incorporating exercise into your commute. Be sure to take advantage of Austin’s growing bikeway network and bike-share system with Austin B-cycle.Take public transit. Ride the bus or train to work. Your mind and hands are freed up to spend time with a book, music or podcasts. Refer to Capital Metro’s schedules and trip planner for more information. You can even buy tickets from the Capital Metro app.Walk. Find ways to add some legwork to your trip if you can.

Detour from a lonely commute:

Carpool. Ride together with coworkers who live along the way to work. To join a carpool available in the Austin area, sign up for myCommuteSolutions and find a trip match.Vanpool. For groups of five or more people, vanpools are a great shared transportation option. Capital Metro’s MetroRideShare program offers a month-to-month lease option for vanpool groups. To start or join a vanpool, register with Enterprise or call 512-477-7433 (RIDE).Bikepool. Join a cycling group to make your commute more social and active. Riding in a group also brings safety and fun in numbers.

"Even if you cannot change up your routine commute, support those who can; they’ll be one less vehicle you’re sharing the road with," city officials wrote in an advisory. To spread the word on social media, use the hashtag#ATXDetourDay.

Austin Police Department Wants You To Be Safe

For the Austin Police Department, your safety is their primary concern. Earlier this week, the department urged residents to download their free apps designed to help navigate through the massive conference and stay safe.

"Stay informed and have direct access to important APD services such as station locations, crime prevention information, news updates and the ability to file certain police reports directly from the app," police wrote in a press advisory.

Users can also send us tips anonymously, and tipsters can use their GPS location, text, photos and have a secure two-way chat with officers should the situation arise. Additionally, APD sends out important messages and alerts to users via the app.

You can download the Austin PD mobile app in a couple of ways, either: Austin PD for iOS or Austin PD for Android.

To get the most out of your experience download the SXSW GO app here:

For iOS – https://itunes.apple.com/us/app/sxsw-go-official-2017-mobile/id418450665?mt=8 or click here.

For Android – https://play.google.com/store/apps/details?id=com.xomodigital.sxswgo or click here.

Know Your Street Closures

For those well familiar with this time of year — the cognoscenti, the street-wise, the SXSW savvy, the natives, the hardened and world-weary masses — avoiding the streets typically closed off is a reflexive move born of some sort of Austin-DNA-encoded neural pathway designed to ensure the firing up of a survival instinct.

Conversely, for the unfamiliar — the hapless tourist unaware of the incoming throngs, visitors, the aloof paying little mind to the confines of calendar-confined notions of time — frustration ensues in approaching streets only to find them inaccessible to traffic.

Whatever camp you’re in, it’s always a good idea to make a note (mental or written, whatever best suit you) of the streets to be closed. To refresh everyone’s memory, full street closures through the duration of SXSW are:

6th Street from Congress Avenue to Interstate 35.Brazos Street from 5th to 7th streets.Red River Street from 5th to 10th streets.Sabine Street from 5th to 7th streets.Trinity Street from 5th to 6th streets and from 4th to Cesar Chavez streets.San Jacinto Boulevard from 5th to 6th streets.Rainey Street from Driskill to Cummings streets.

Bear in mind that other, partial closures are planned on roads throughout the downtown area. For maps, click here.

Mass Transit Yields Hassle-Free Alternative

Have you ever thought of mass transportation? Not as a thing that exits in the world, but as a viable option to get around town, particularly in times of gridlock (what we here at Patch like to intermittently call Carpocalypse or Carmaggedon because we’re funny that way).

Seriously, though, mass transit offers a good alternative to having to be negotiate the crowded streets on your own or, worse finding a parking spot when those little slots suddenly become the cit’s most coveted pieces of real estate during the two weeks of SXSW given the rarity of an open space.

Capital Metro is doing its part, offering extended hours and increased service during the festival’s run. Moreover, Capital Metro will double the number of Night Owl lines, running most nights of the two-week festival run. Similarly, MetroRapid service will be extended to 2:30 a.m. on Fridays and Saturdays and until 10:30 p.m. on Sundays. MetroRail service als will be extended on a daily basis: Saturdays from 10:30 a.m. to 2:30 a.m. and on Sunday from 10:30 a.m. to midnight.

In addition to its utilitarian virtues, mass transit offers one the fulfillment that only comes with the knowledge that one has effectively reduced one’s carbon footprint. It’s a nice feeling to know you’re helping the environment in that way. Plus, you can read a newspaper or magazine (people still do that, you know) or catch up on your texting or emails via your smart phones and gadgets without the need to keep your eyes on the road.

It’s cheap travel too. A one-way ticket costs just $1.25 with a day pass costing double that amount. With the latter, you’re able to use your same pass until the time you initially took the bus the previous day. But be sure to have the exact amount, as bus operators aren’t able to make change. You could avoid the need for tangible currency with the bus app or with extended passes you can buy at the downtown Capital Metro office or selected retail stores. Regular commuter buses make more stops, but those red accordion-looking ones are faster with fewer stops.

Those wanting to take public transportation to and from the airport should be aware that the city’s only commuter train doesn’t travel to the hub. But Capital Metro does via the 100—Airport Flyer connecting the airport and downtown, and the 350—Airport Boulevard linking the airport and North Austin.

For more information about hours and schedules visit Cap Metro’s website or check out the app. You’ll find information galore including details on late-night service and special SXSW shuttles, free for attendees. For those routes, periodically check the SXSW transportation page.

Rideshare Companies Eager To Serve

For the city’s ride-hailing companies, SXSW might as well be Christmas. For rideshare operators, the massive crowds are the mother lode with the sum of their parts representing fish in a barrel yielding the easiest of pickings. Forgive the mixed metaphors, but you know what we mean.

There are a few firms to choose from, each with it own user-friendly app. Naturally, Uber and Lyft both operate within the city again (they left for a while, long story involving dispute with city over fingerprinting, just Google it if you’re unfamiliar). Lyft happens to be an officials SXSW partner, and customers can get $5 off their first ride using the code SXRIDE18.

As an alternative to those behemoths boasting of ginormous market valuation, you might consider the local nonprofit Ride|Austin that distinguishes itself in the industry by donating a portion of your fare. Additionally, there’s Fasten, and Wingz, specializing in airport transportation with advance scheduling options available. There’s also zTrip providing customers the choice of a 10/10 Taxi ($10 flat rate for any trip under five miles, $2 for each additional mile) or black car/sedan, on demand or scheduled ahead of time.

Yes, the variety is rather dizzying and each business model slightly different from the other. To get a handle on it, you might try the RideGuru app that aggregates ride-hailing and taxi availability in your area, estimates trip costs and provides other key bits of information.

Car Rental Options Abound

You’ll find the array of car rental options at the Austin-Bergstrom International Airport, but bear in mind that Enterprise is offering a discount during the festival’s run. Book online or call (800-261-7331) with rental code L65SXSW (PIN: SXS). Check the ABIA site for a definitive list of rental, limousine, and private charter services.

So there you have it. Not a definitive survival guide, mind you, but a primer on how to navigate the bustling streets of Austin peopled like never before this time of year. Relax, have fun and stay save. Happy SXSW!

>>> Logo via SXSW

Source Article

Learn More: http://www.nawafith.net/sxsw-survival-guide-austin-street-closures-tips-apps-and-more/

[colinwilson11]