A survey of 191 US universities, hospitals and research institutions, and one third-party technology investment firm showed gains in academic licensing and startup activity in 2014. These gains were despite a 5% drop in federal research funding to $37.9 billion. Respondents’ research expenditures overall fell 3.6% to $62.8 billion, but spending funded by industry rose […]
Calendar year second quarter organic growth continued at a strong pace for major US publicly held instrument and laboratory product companies. However, currency headwinds, as well as weakness in industrial markets and Japan expunged organic growth. Currency reduced gains by about 7%, resulting in roughly flat second quarter average sales growth. Pharmaceutical and biotechnology markets […]
As part of its “Japan is Back” strategy for economic growth, the Japanese government plans to promote technological innovation by setting up a system of research universities to partner with start-up companies. The goal is to stimulate the generation of new companies from universities. The government also plans a system of graduate schools to collaborate […]
For fiscal 2015, the Turkish government’s preliminary R&D allocations totaled TRY 5,850 million ($2,140 million), rising 4.3%. Indirect R&D support (tax incentives, exemptions, reductions in wage taxes for R&D workers and social security contributions) were projected at TRY 1,491 million, up 9.6%. At 40%, R&D from General University Funds (GUF) for “general advancement of knowledge” […]
Several US attorneys general plan to share their resources to address fraud and QC problems in the $5 billion-a-year herbal-supplements industry. A federal law prevents the FDA from approving supplements by the same process as it does prescription drugs, and harmful supplements are often removed from sale only after they have proven dangerous to consumers. […]
At Pittcon, IBO took the opportunity to talk to executives at four of the analytical-instrument and laboratory-product industry’s largest companies, PerkinElmer, Shimadzu Scientific Instruments (SSI) (the US-based division of Japan’s Shimadzu), Thermo Fisher Scientific and Waters, to discuss challenges and opportunities for both their businesses and the instrument industry in general. Asked about challenges this […]
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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.
