Industry News

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Autodesk announces new, AI-powered time-saving automations coming to manufacturing solution - At its recent annual conference Autodesk announced a raft of new features for its cloud-based computer aided design, manufacture and engineering tool, Autodesk Fusion. Among the AI-powered capabilities being introduced are:
+ AutoConstrain in Fusion Automated Sketching
+ Drawing Automation in Fusion
+ Autodesk Assistant in Fusion
https://www.themanufacturer.com/articles/autodesk-announces-new-ai-powered-time-saving-automations-coming-to-its-manufacturing-offering

UK Manufacturing PMI: industry sinks to nine month low - A gauge of British manufacturing activity recently released pointed to the sharpest contraction in nine months, as orders from domestic and foreign customers fell and ongoing supply chain disruption pushed up costs. The S&P Global manufacturing Purchasing Managers’ Index(PMI) sank to 48.0 in November from 49.9 in October – below an earlier estimate of 48.6 and the 50 level that divides growth from contraction.
https://www.themanufacturer.com/articles/uk-manufacturing-pmi-sinks-to-nine-month-low

LinkedIn Adds Revolving Slideshow Option for Profile Banner Images - LinkedIn has rolled out a new paid-for feature to add an auto-revolving slideshow of images as the banner on your profile.
https://www.socialmediatoday.com/news/linkedin-adds-revolving-slideshow-option-for-profile-banner-images/734691

LinkedIn’s ID Confirmation Service Is Gaining Momentum - It seems like LinkedIn’s efforts to verify actual humans in the app are paying off, with the platform reporting that it’s now verified 55 million of its members.
https://www.socialmediatoday.com/news/linkedins-id-confirmation-service-gaining-momentum/731150

Cambridge reveals innovation blueprint to become world’s leading science and tech region - The City has set out a plan to supercharge the impact of the Greater Cambridge area by doubling the rate at which it builds unicorns, doubling the venture capital investment the city’s startups receive, and creating twice as many science and innovation companies - all within a 10-year timetable.
https://www.cambridgenetwork.co.uk/news/cambridge-reveals-innovation-blueprint-become-worlds-leading-science-and-tech-region

UK's Labour Party unveils £520M innovative manufacturing fund as part of life-sci-heavy budget - The fund will dispense up to 520 million pounds sterling (about $675 million) in capital grants that will be used for investments in manufacturing for drugs and medical technologies, according to a government release.
https://www.fiercepharma.com/pharma/uks-labour-party-unveils-ps520m-innovative-manufacturing-fund-part-life-sci-heavy-budget

Medtech firms have cut more than 14,000 jobs in the past 18 months - Diagnostics is the largest industry represented in the data, with more than 5,000 affected positions, according to MedTech Dive’s analysis.
https://www.medtechdive.com/news/medical-device-layoffs-tracker/720928

Europlaz launches new neonatal innovation that could save babies lives - The company has come up with an integrated ‘sidestream’ CO2 sampling port that is joined to the side of its existing neonatal flow sensor.
https://www.medicalplasticsnews.com/news/europlaz-launches-new-neonatal-innovation-that-could-save-babies-lives/

Cambridge medtech firm Inotec raises $33m Series C - Inotec AMD, a Cambridge company developing advanced oxygen treatments for chronic wound care, has raised $33m in its latest funding round.
https://www.theengineer.co.uk/content/news/cambridge-medtech-firm-inotec-raises-33m-series-c

Igus celebrates 60th anniversary with plastic bike odyssey - The bike - which doesn’t rust, doesn’t need oil and is almost entirely maintenance-free - is made using using 50 per cent recycled ocean plastic from discarded fishing nets. All of the individual components – from the frame to the bearings and drive crank - are manufactured by igus using rotational and injection moulding.
https://www.theengineer.co.uk/content/news/igus-celebrates-60th-anniversary-with-plastic-bike-odyssey

Bespak and Orbia unite to accelerate transition to climate-friendly inhalers - Bespak can now provide development services up to market approval for all pMDI formulations and propellants, supported by capacity for commercial supply.
https://pharmaceuticalmanufacturer.media/pharma-manufacturing-news/drug-delivery-news/bespak-and-orbia-accelerate-transition-climate-friendly-inhalers