Singapore’s gross expenditure on R&D (GERD) fell 15.2% to SGD 6.0 billion ($4.6 billion) in 2009. Business expenditure on R&D fell to SGD 3.7 billion ($2.8 billion), a decrease of 27.3%. Business spending on basic research fell 11.3% to SGD 398.3 million ($307.7 million), on applied research grew 2.2% to SGD 1.11 billion ($849.8 million) […]
Western pharmaceutical companies are relying on different tactics to expand in the second-largest emerging market for drugs. For AstraZeneca, Brazil is one of the first locations for its plan to offer off-patent drugs. GlaxoSmithKline is catering to a variety of customers with discounts for off-patent branded generics, over-the-counter dermatological products and placing sales representatives in […]
For fiscal year 2009, Spain’s expenditure on R&D declined 0.8% to €14,582 million ($19,332 million), accounting for 1.38% of GDP. The business sector accounted for 51.9% of total R&D expenditure, a decline of 6.3% from 54.9%. Tertiary education comprised 27.8%, an increase of 3.1% from 26.7%. Public administration R&D expenditure made up 20.1%, increasing 9.5% […]
In an attempt to revamp science at its universities and silence critics who claim inadequate funding for basic research, particularly at the Russian Academy of Sciences (RAS), Russia’s government has implemented several programs to encourage more university research other than RAS. The programs include a “national research university” program, which now includes 40 universities. Other […]
According to a recently released National Bureau of Statistics report on R&D resources, China’s R&D spending is growing quickly and is slated to reach 2% of GDP in 2010. In 2009, China’s total R&D spending was CNY 580 billion ($85 billion), or 1.7% of GDP, which represents an average annual increase of 23% since 2000, […]
The Inter-American Development Bank (IDB) has loaned Argentina its second installment of the $750 million Conditional Credit Line for Investment Projects (CCLIP). The five-year, $200 million Technology Innovation Program Part II, which follows a $100 million loan in 2009, will be overseen by the Ministry of Science, Technology and Productive Innovation and the National Agency […]
Turkey’s gross domestic R&D expenditure (GERD) as a percentage of GDP rose to 8.5% in 2009 from 7.3%. In total, GERD by the public sector, foundations, universities and the business enterprise sector increased 17.3% to TRY 8,078 million (US $5.23 billion). In 2009, 47% of R&D spending was performed by the higher education sector. Business […]
A study of the Indian chemical industry conducted by Tata Strategic Management, the Federation of Indian Chambers of Commerce & Industry and Roland Berger estimated the Indian chemical industry to be $83 billion in fiscal 2010. Base chemicals accounted for 53% of the industry. Growing at a projected rate of 5%, the Indian organic chemicals […]
Carlsbad, CA 11/2/10—Life Technologies has agreed to acquire certain assets of Indian distributor Labindia. Financial terms were not disclosed. “India has experienced strong double-digit growth in the biotechnology sector, making this one of the fastest-growing regions in Asia Pacific,” stated Mark Smedley, head of the Asia Pacific region for Life Technologies. “Our primary goal in […]
The China-based Pharmaceutical Association has approved a new plan to put more emphasis on quality control. The plan, set to be announced next year by the State Food and Drug Administration, should eliminate some unqualified producers in the industry. The nonprofit association represents 37 multinational pharmaceutical manufacturers, mostly from Europe, the US and Japan. The […]
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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.
