India continues to make significant investments in science and technology as evidenced by the government’s 2008–2009 budget proposal. The budget supports a 20.5% increase in funding for the Ministry of Science and Technology INR 3630.00 crore ($881.1 million = INR 41.20 = $1). The Ministry is one of the country’s primary funding mechanism for R&D. […]
Experts say that for 2008 the price of steel will remain unpredictable due to a supply crunch and cost increases. For the first two weeks of February, the price of hot rolled steel increased 6%, and Lehman Brothers analysts have predicted that worldwide steel prices will increase 25% in 2008. Unlike the US steel panic […]
New Orleans, Louisiana, played host to the 59th annual Pittsburgh conference and exhibition (Pittcon), which was held March 1–7 at the Ernest N. Morial Convention Center. Although Pittcon took place against a backdrop of escalating fears of a US recession, one would have never known it. Companies were upbeat about future business prospects and the […]
There were certainly no lack of nominees for IBO’s choice of the top three product introductions at Pittcon 2008. In choosing the top three products, IBO selected systems that demonstrated notable technical achievements based on the vendor’s specifications, were innovative in their analytical approach and product packaging, and demonstrated real commercial potential. After all, the […]
The United States Council for Aid Education’s Voluntary Support of Education (VSE) survey, which tracks data from 1,023 institutions, reports that charitable contributions to US colleges and universities increased 63% in 2007 to $29.75 billion. Twenty institutions raised $7.66 billion in total for 2007, making up 25.8% of all contributions to colleges and universities. The […]
PricewaterhouseCoopers reports that mergers and acquisitions (M&A) activity within the energy industry is expected to be weaker this year. In 2007, the total value of deals increased from $291.1 billion to $292.2 billion. Most of this increase took place in the downstream and oil services sectors. The total value of deals in the oil field […]
Chemical firms will increase their capital spending 8.6% to nearly $8.8 billion, according to an early February survey of 17 companies by Chemical & Engineering News (C&EN). For 2007, C&EN reports that the actual capital spending of the 18 companies surveyed increased by 13.2% to $8.1 billion. Survey results from 14 companies indicate R&D spending […]
Japanese R&D funding increased last year, but at a modest level, according to the latest data from the Japanese government. According to recent figures, the country’s total R&D spending rose in fiscal 2006 (April 2006–March 2007), continuing an upward trend, led by spending by private companies. In addition, government R&D funding is set to increase […]
Battelle and R&D Magazine estimate that federal support of R&D in 2008 will increase 2.46% to $102 billion. Industry support will increase 3.61% to $235.7 billion, 3.58% to $2.6 billion, and 3.23% to $1.4 billion with respect to the industrial, academic and nonprofit sectors. Academic R&D spending is predicted to rise 3.70% to $13 billion. […]
President Bush’s proposed budget, released February 4, for fiscal year 2009 calls for a 3.3% increase in the federal R&D investment to $145.4 billion. Federal support of basic and applied R&D would drop 0.5% to $57.1 billion, with a 3.1% increase in basic research spending to $29.3 billion and a 4.0% decrease in applied research […]
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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.

