Canada’s national spending on higher education institutions’ R&D increased 7.3% to $10.9 billion in 2009. In real or inflation-adjusted terms, the amount was $9.0 billion, a 3.2% increase. Spending for health sciences R&D was $4.4 billion, an increase of 9.1%, or 5.0% in adjusted terms. Spending for other natural sciences and engineering R&D increased 5.5%, […]

Saudi Arabia will invest $385 billion over the next five years in universities. Up to $240 million annually has been designated for grants in science and technology research projects. University capacity will be increased from an estimated 850,000 students in 2009 to 1.7 million students. Twenty-five technology colleges, 28 technical institutes and 50 industrial training […]

Europe’s recession is causing major drug companies to decrease their forecasts and spending. After EU policymakers accepted a rescue fund in May totaling almost $1 trillion, countries have reduced or plan to reduce their health spending. Germany instituted a price freeze on drugs until 2013, Spain presented a 7.5% rebate on most name-brand products and […]

The Indian government has announced that Ayruveda, Siddha and Unani drugs will be required to undergo testing similar to that required of modern medicines prior to approval. The Central Drugs Standard Control Organization recently issued guidelines addressing clinical trial practices for traditional medicines. Makers of traditional medicine argue that because the guidelines were adapted from […]

The EU has announced €6.4 billion ($8.3 billion) in funding this year for the Seventh Framework Program (FP7), marking a 12% increase over last year’s funding. It is estimated that 16,000 grants will be awarded. Among the areas designated to receive funding are health, which will receive €600 million, including €206 million for clinical trials, […]