IN VITRO TOXICITY TESTING MARKET ANALYSIS
Global In Vitro Toxicity Testing Market: Key Developments
Strict regulations banning animal testing are expected to offer lucrative growth for players in the global in vitro toxicity market. For instance, in January 2020, the state governments of California, Nevada, and Illinois banned the sale or import of animal-tested cosmetics.
Major players in the market are focused on adopting Merger and and acquisition strategies to expand their product portfolio. For instance, in April 2020, Bio-Rad Laboratories, Inc., a developer and manufacturer of specialized technological products acquired Celsee, Inc., a developer of instruments and consumables for the isolation, detection, and analysis of single cells.
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