The US is planning to adapt Japan’s policies concerning Chinese food imports. Japan imports 60% of its food supply, with approximately 15% coming from China. According to the Japanese health ministry, government and private laboratories test samples from about 10% of all incoming food shipments, since a 2002 scare involving pesticides in Chinese-grown spinach. Japan […]
This year’s Water Environment Federation Technical Exhibition and Conference (WEFTEC), which was held at the San Diego Convention Center from October 13 through October 17, was unquestionably the largest show in the event’s 80-year history. The event set all-time records in terms of attendance (19,929), exhibitors (1,017) and floor space (268,405 square feet); all of […]
Biotech drug sales in the US have increased an average of 20% over the last five years and reached a total of $39.92 billion in 2006. Growth factors, primarily erythropoietins and colony-stimulating factors, represented 35.4% of the market in 2006. Monoclonal antibodies, mostly for oncology, and autoimmune and inflammation disorders, made up 28.5% of the […]
The 2007 EU Industrial R&D Investment Scoreboard shows aggregate R&D spending by 2,000 of the world’s top companies rose 10% in fiscal 2006 to €371.6 billion ($464.5 billion). R&D expenditures by the 1,000 non-EU companies surveyed rose 11.1% to €250.5 billion ($313.1 billion), compared to 7.7% in 2005. R&D spending for the 1,000 EU companies […]
The steel industry has grown strongly over the past five years and is expected to continue its growth, driven primarily by the Chinese market. Although there are some fears that China might become a large-scale importer of steel, these worries are counterbalanced by the belief that China’s steel will feed domestic demand. Another factor behind […]
The landscape of the generics industry is changing due to a number of high-profile mergers. Mylan Laboratories, a generics manufacturer based in Pennsylvania, jumped to third place in sales ranking among generic firms after purchasing a controlling stake in the Indian generic Matrix Laboratories in January and acquiring the generics division of Merck KGaA in […]
Held for the second consecutive year in the heart of US oil country, this year’s ISA exposition in Houston, Texas, met many people’s lowered expectations for the event. Many process analytical instrument vendors opted for smaller booths and some elected to pass up the show altogether. Although attendance and number of exhibitors declined 4% and […]
Last month, Novartis and the Massachusetts Institute of Technology (MIT) announced the formation of a research partnership dedicated to continuous manufacturing. Novartis will give MIT $65 million over the next 10 years to establish the program; according to The Boston Globe, $40 million of this funding will come in the first five years. The Novartis-MIT […]
According to a study by the National Science Foundation (NSF) of R&D spending at universities and colleges, total spending on science and engineering (S&E) R&D increased 4.3% (or 1.2%, adjusted for inflation) to $47.8 billion in fiscal 2006. Federally funded academic R&D spending in S&E increased 2.9% to $30.0 billion. However, this total represents a […]
Chemical industry insiders are concerned that poor market conditions may lead to a premature downturn in the global industry, despite strong growth for the industry in China and India. Deutsche Bank, for example, expects that a worldwide slowdown in the chemical industry will begin in 2009. This downturn is predicted to have a greater effect […]
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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.
