To drive its economy, the Japanese government will invest JPY 1 trillion ($10.1 billion) in three key research areas in fiscal year 2014: health, agriculture and clean energy. As part of the new focus, the government has outlined several measures to support cell research. The government will contribute JPY 110 billion ($1.1 billion) for iPS […]
Washington, DC 9/6/13—In its second quarter SEC filing, Agilent Technologies disclosed that it is investigating whether certain employees may have violated its Standards of Business Conduct and other policies in relation to the sale of products through third-party intermediaries in China. The investigation includes a review of compliance by Agilent employees with regard to the […]
Earlier this month, Brazil’s Ministry of Science, Technology and Innovation (MCTI) announced the establishment of the Brazilian Nanotechnology Initiative to support nanoscience and nanotechnology. The Initiative will receive about BRL 440 million ($188.5 million) in 2013 and 2014. A goal of the Initiative is to connect academic infrastructure and businesses to boost research efforts. Source: […]
Testing by New Zealand’s Ministry of Primary Industries (MPI) has revealed that whey protein concentrate made by Fonterra, the world’s largest processor of dairy products, does not contain clostridium botulinum, which can cause botulism, but rather bacteria clostridum sporogenes. Earlier this month, Fonterra announced a worldwide recall of products containing the concentrate after testing by […]
China’s State Council issued a plan earlier this month to improve environmental protection and energy conservation. The plan prioritizes environmental protection as a “pillar industry” that will receive subsidies and tax breaks. The plan aims to advance environmental protection, which includes developing equipment, instruments and technologies for environmental monitoring and the treatment of water, solid […]
German biopharmaceutical sales increased 11% to €6 billion ($8.3 billion) in 2012, according to the Boston Consulting Group’s “Biotech Report 2013” released in June. Biopharmaceutical sales comprised 21% of the German pharmaceutical market last year, up from 19% in 2011. The growth in biopharmaceutical revenues was led by an increase in prescriptions for severe diseases. […]
The Union Health Ministry has approved the budget for the Department of Health Research’s (DHR) plan to improve health research and research infrastructure in India as part of the DHR’s new mandate to promote research. The plan will create 80 multidisciplinary research units (MRUs) at India’s medical colleges and research facilities. An investment of INR […]
The Ministry of Science, ICT and Future Planning (MSIP) has announced that South Korea’s 2014 R&D budget will be KRW 11.7 trillion ($10.4 billion). The amount includes KRW 3.9 trillion ($3.5 billion) for Korea’s “creative economy” initiative. An increase of 26.7% to KRW 1.1 trillion will be allocated for startups and small- and medium-size enterprises […]
New EU toy regulations that took effect this month are expected to impact the Chinese toy industry. In 2012, the value of China’s toy exports totaled $11.45 billion, with $2.6 billion in exports to the EU, the second-largest market. The regulations specify mechanical, electrical, chemical and hygiene requirements for toys, including chemical content. Among the […]
Investments slated for the 400 hectare (1,000 acre) Skolkovo technology center under construction near Moscow, Russia, may be in jeopardy due to a recent political dispute. President Vladimir Putin has reversed a decision by Prime Minister Dmitry Medvedev that mandated state firms fund MIT’s Skoltech institute at over $900 million. Russia’s Investigative Committee is examining […]
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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.

