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Read dismisses the warning as a "red herring" but admits the merger would lead to job cuts and reduced research spending.
Reduced research coverage on smaller-cap stocks may reduce their liquidity and make them more difficult to trade.
"But 70% of our members with products on the Prostheses List are Australian small-to-medium size companies and a cut of this size will mean job losses, reduced research and development, and loss of manufacturing to overseas".
Third-quarter revenue was down 55.8% from the year-ago period, to $2 million, though reduced research and development costs brought the net loss down to $2.1 million.
It's tricky to assign a reduction in overall cost to run a lab and situations will vary depending on the lab, but Iyengar says he's, at least, heard anecdotally that his software has reduced research time by six months or more for some of his customers.
Reduced research costs and turnaround times will likely result from greater data standardization.
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As both a physician and a researcher, Madisch decided that the best way to reduce research redundancy would be to create an online professional network in which scientists could easily share data, information and results.
In addition some researchers support the use of pre-determined levels of consensus to reduce research bias [ 14] whilst others argue that applying numerical values to subjective responses gives an unconvincing analysis [ 15].
With investing activity in the doldrums, the pressure to reduce research costs becomes more acute.
Cutting prices, they say, will reduce research, producing fewer new drug breakthroughs.
In addition, pharmaceutical companies are reducing research spending in certain cases and shifting more research to China and India to cut costs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com