This month, Switzerland launched SystemsX.ch, a consortium of eight universities, three research institutions and members of industry that aims to be the heart of Swiss systems biology research. For 2008–2011, a total of CHF 400 million ($352.2 million) in government funding will go to support systems biology research. However, CHF 100 million ($88.1 million) of […]
The Indian government has instituted a new strategy to boost the productivity of its biotechnology sector and improve its biotechnology education system. The strategy seeks to bring production in the biotechnology industry to $7 billion by 2012 and create world-class research and educational centers. The government plans to spend INR 65,000 million ($1.6 billion) on […]
According to the European Chamber’s “Business Confidence Survey 2007,” which was generated from the responses of 211 European companies, Shanghai is the preferred location for a company’s Chinese headquarters, followed by Beijing. However, more firms are moving their sales and services outlets to “second-tier” cities. Sixty-nine percent of respondents planned to increase their investments in […]
This year’s product safety controversies have affected manufacturers, regulators, consumers and laboratories alike. Manufacturers have increased product testing, while new regulatory efforts, by both governments and industry, have renewed calls for reform and scrutiny of the current system in multiple countries. Although it is too early to ascertain the exact effect of these efforts on […]
The European Chemical Industry Council (Cefic) predicts that the output of the EU chemical industry—excluding pharmaceuticals—will grow by 2.6% in 2007, up from 2.1% in 2006. However, a downturn is expected in 2008, when a growth rate of 1.9% is predicted. In 2007, consumer chemicals production is expected to increase by 4.5% and by 3.0% […]
The US-China Business Council’s (USCBC) 2007 Member Priorities Survey reflects a mood of optimism. Eighty-three percent of the respondents stated that their operations in China were profitable and two-thirds said that the profitability rate of their Chinese operations is equal to or higher than their companies’ global rate. Ninety-two percent of respondents expect sales increases […]
The Organization for Economic Cooperation and Development (OECD) recently published its evaluation of innovation in Chile. Although Chile has one of the most successful economies in Latin America, R&D spending totaled only 0.68% of GDP in 2004. R&D in Chile is typically funded by the government and conducted at universities. The business sector plays a […]
The Brazilian Steel Institute (IBS) estimates that steel production in the country will be approximately 34.3 million tons this year, up from 30.9 million tons in 2006. Brazilian steel firms invested $18.9 billion over the years 1998–2006, with most of this investment going to the maintenance and modernization of existing facilities. A new round of […]
Budget requests for Science and Technology (S&T) programs in Japanese Fiscal Year (JFY) 2008 (April 2008–March 2009) have been released by the Council for Science and Technology Policy (CSTP). The total amount requested is ¥4,033.2 billion ($35.1 billion), a 14.9% increase from the JFY 2007 budget of ¥3,511.3 billion. The budget request from the Ministry […]
The Indian government plans to create a food safety agency by the end of the year. The agency will set standards for pesticides, additives, organic food and hygiene for both domestically produced and imported food. In addition, the agency will be responsible for establishing recall procedures. Current food testing policies in India are not enforced: […]
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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.
