In an effort to forge a closer relationship between science and industry, a new measure promoting innovations and technology cooperation between public and private research organizations was signed into law this month by Brazilian President Dilma Rousseff. The law allows freer collaborations between companies and public research institutions. Features of the law include company access […]
This month, the Organization for Economic Co-operation and Development (OECD) released its annual Science, Technology and Industry Scoreboard, highlighting trends in R&D spending among the 34 countries that make up the OECD as well as China. In particular, the report emphasized the recent trends of growing investment by business, China’s increasing R&D prominence and the […]
Despite indications that the global economy is continuing to slow, the outlook for sales growth within the instrument and lab product industry is positive. In late October, 15 industry executives completed the online IBO Business Climate Survey. The respondents were IBO subscribers and other solicited participants, each representing a unique company or business unit. The […]
Funding for science in Brazil is suffering due to the country’s economy and debt. The projected 2015 budgets of the Ministry of Science and the Ministry of Education, which funds graduate students, have been cut 25% from BRL 7.3 billion ($2 billion) and 9% from BRL 48.8 billion, respectively. The cuts are a result of […]
With oil prices dropping along with the industry’s slow or even negative growth, Latin America’s 2015 tax revenues from oil exploration production and processing are expected to fall overall, declining by 1.0%–1.5% of GDP for Bolivia, Ecuador and Mexico. Revenues from Colombia and Peru’s oil industries are also forecast to decline. The region has not […]
With the first half of the year behind us, let us reflect on the state of the analytical and life science instrumentation and lab products market, how it has developed thus far and what is in store for the rest of 2015. The original January forecast (see IBO 1/15/15) was published without the benefit of […]
Expectations for industry growth showed little change compared to last fall (see IBO 10/15/14), according to IBO’s biannual Business Climate Survey. However, compared to a year ago, sentiments were more restrained. This spring, 57% of survey participants expect instrument and laboratory product–industry sales to increase moderately. Forty-three percent expect them to stay the same. However, […]
Import restrictions meant to aid the Argentine economy are taking a toll on scientific research, despite exemptions for lab supplies from the restrictions and taxes designed to keep money within the country. For example, imports of the supplies have slowed such that the goods can take months to reach labs. Each time lab supplies are […]
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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.
