R&D spending by the 1,400 firms in the 2011 “EU Industrial R&D Investment Scoreboard” increased 4.0% to €455.97 billion ($600.0 billion) in fiscal 2010, compared with a 1.9% decline in fiscal 2009. Fiscal 2010 sales for the firms grew 9.4%, after declining 10.1% the year before. The Scoreboard consists of 400 EU firms and 1,000 […]
Turkey’s gross domestic R&D expenditure (GERD) as a percentage of GDP was 8.4% in 2010, down slightly from 8.5% in 2009. In total, GERD by the business sector, public sector and universities grew 14.6% to TRY 9,268 million ($6.17 billion). In 2010, 46% of R&D was performed by the higher education sector, 43% was performed […]
Last month, the Chinese State Council said it will spend $5.5 billion over 10 years to improve monitoring of and cleanup technologies for groundwater. Groundwater is the source of drinking water for about 70% of the Chinese population. The Ministry of Land and Resources claims that 90% of the country’s shallow groundwater is polluted, with […]
Russia’s Ministry of Economic Development has endorsed the Innovative Russia 2020 plan to increase the country’s research investment. The Russian government intends to spend RUB 1.1 trillion ($35.9 billion) annually on research over the next ten years. The plan should boost Russian science spending to 2.5% of GDP. The plan also aims to increase Russia’s […]
Wetzler, Germany and Delhi, India 11/14/11; Delhi, India 11/14/11—Leica Microsystems and AB SCIEX, two Danaher Life Sciences businesses, have announced acquisitions from Labindia Instruments, the companies’ Indian distributor. AB SCIEX has acquired Labindia Instruments’ MS business, including customer relationships, personnel and application support facilities. Labindia has distributed AB SCIEX’s MS systems in India for 15 […]
The number of EU food safety notifications grew 7.8% from 2009 to 2010 to reach an all-time high of 8,582, according to the Rapid Alert System for Food and Feed’s (RASFF) 2010 Annual Report. The RASFF is the EU’s network for informing member states and the European Commission of food and feed risks. The number […]
UK R&D spending has not kept up with the rate of global R&D spending, despite increasing by about one-third in real terms from 1991 to 2009. In 2008, the UK’s share of the Organization for Economic Co-operation and Development (OECD)’s gross expenditure on R&D (GERD) was 4%, down slightly more than a percentage point from […]
China’s R&D expenditure continued to rise in 2010, reaching CNY 706.26 billion ($111.1 billion), a 21.7% increase from 2009. Basic research spending totaled CNY 32.45 billion, an increase of 20.1%. Applied research, which the Chinese government defines as “creative research aiming at obtaining new knowledge on a specific objective or target,” grew 22.3% to CNY […]
Earlier this month, India’s government announced changes regarding takeovers of Indian pharmaceutical companies by international firms to protect against internationals controlling the sector. Brownfield proposals, which are the proposed pharmaceutical company acquisitions by foreign firms, will be monitored for six months by the Foreign Investment Promotion Board. The Competition Commission of India will establish regulations […]
Brazil’s government announced in September that the budget for its science ministry has been slashed 8% to BRL 5.7 billion ($3.0 billion) for 2011. The cut comes after last year’s record budget of $3.3 billion and reflects general spending cuts announced earlier this year. When Brazilian President Dilma Rousseff succeeded Luiz Inácio Lula da Silva […]
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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.
