The Chinese government has announced a far-reaching, 15-year program to modernize traditional Chinese medicine (TCM). Already, the Chinese government has allotted CNY 1 billion ($130 million) for TCM R&D, and the total budget over the next five years is expected to range between CNY 3.7 billion and CNY 4.4 billion. This new program, which is […]
In the first of IBO’s twice yearly surveys of major new or planned laboratories, Asia and India as well as a number of hefty investments by universities throughout the US are highlighted. India’s growing market, lower costs and educated workforce have attracted increased investments in new laboratories in recent years. Not surprisingly, a number of […]
Sequenom and QIAGEN GmbH entered into a strategic collaboration to jointly develop a preanalytical solution for small molecule (fetal) DNA enrichment for prenatal diagnostics. Sequenom will retain exclusive distribution rights to the technology for enriching short nucleic acids. In February, Sequenom named Steven Owings to the newly created position of vice president of Commercial Development, […]
The National Institute of Allergy and Infectious Diseases (NIAID), a division of the National Institutes of Health (NIH), will be granting $23 million a year for seven years to establish six Centers of Excellence for Influenza Research and Surveillance. The Centers of Excellence are located at the following institutions: St. Jude Children’s Hospital, UCLA, the […]
Canada plans to spend CAD 9.2 billion ($8.0 billion) on science and technology in 2007–08. University laboratories received a CAD 510 million ($443.1 million) disbursement for purchasing new scientific equipment and CAD 15 million ($13.0 million) to cover “indirect” research costs. The three councils in Canada that give research grants each had their budgets boosted […]
TTP LabTech sales grew 35% in 2006.
According to David Bannon, COO and cofounder of Headwall Photonics, the headwall is usually the most difficult part of a mountain climb. It is from this willingness to take on difficult technological challenges, as well as the need for cooperation that climbing entails, that Headwall Photonics takes its name. The company’s prospects have been rising […]
China’s ranking for nanotech R&D investments is on the rise, according to a report by Lux Research. China’s climb is credited to lower business costs. In terms of government expenditure, the US, Japan and Germany were the top three in 2006, spending $1.78 billion, $975 million and $563 million, respectively. But when lower business costs […]
Agilent’s ambitions continue to grow. After a successful 2006 (see IBO 1/15/07), which saw it enter the high-end mass spectrometry (MS) market, the company has set its sights on other market segments. In late March, Agilent announced the formation of a Materials Sciences Solutions Unit (MSSU) within its Life Science and Chemical Analysis (LSCA) business […]
The Pharmaceutical Research and Manufacturers of America’s (PhRMA) “2007 Pharmaceutical Industry Profile” reports that, in 2006, total sales for PhRMA member companies increased 4.2% to $245.8 billion. In 2006, PhRMA member companies spent an estimated $43.0 billion on R&D, a 7.8% increase. R&D as a percentage of sales among member companies in 2006 is estimated […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
