Citing Consolidation, Pharma s Spending Lull, IDC Reins in Bullish Bio-IT Market Forecast | GenomeWeb

Market research firm IDC has revisited its spreadsheets and is putting together a revised forecast for the bio-IT market, according to Debra Goldfarb, group vice president of worldwide systems and life sciences research.

Due to “a number of fundamentals,” including increased consolidation activity in the informatics sector and a spending slowdown among pharmaceutical companies, the firm is downgrading its numbers for a new forecast it plans to release in November, Goldfarb told BioInform.

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