According to “Public Support for Science and Innovation,” a new report by Australia’s Productivity Commission, the Australian government budgeted an estimated AUD 5.974 billion ($4.492 billion) for science and innovation in 2006–07. Major government research agencies accounted for 23% of funding, including the Commonwealth Scientific and Industrial Research Organization, which recieved AUD 607.2 million, making […]

The Indian government released its fiscal 2007–08 (starting April 1) budget on February 28. The budget contained favorable news for instrument companies and their customers. The annual budget for the Ministry of Science and Technology rose 46% to Rs3,271 ($74.0 million). Within the Ministry, the Department of Science and Technology received a 58% increase in […]

In February, Brazilian president Lula da Silva launched a policy for the development of biotechnology that could make the country a biotech leader within 15 years. The policy is designed to foster collaboration between industry and scientists and to create incentives for biotech scientists. This plan will add support to preexisting innovation initiatives (see IBO […]

Since 2000, biomedical sciences (BMS) manufacturing output in Singapore has nearly quadrupled. According to the Agency for Science, Technology and Research, total expenditure on biomedical research in Singapore grew from SGD 310.7 million ($203.7 million) in 2001 to SGD 888.9 million ($582.8 million) in 2005. The latest step in this growth trend was a 30.2% […]

In February, the Chinese government admitted that the country did not achieve its emission reduction goals in 2006. As part of a long-range plan to lower chemical oxygen demand (COD) and sulfur dioxide emissions by 10% from 2006 to 2010, the goal for 2006 was to lower COD and sulfur dioxide emissions by 2%. But, […]

At the third annual meeting of the Strategic Council for the Health Industry (CSIS), members of the government and leaders in the French health industry discussed methods to boost R&D spending and create more jobs. One goal of the CSIS is to increase the amount spent on R&D in the health industry by 10% over […]

South Korea’s economy is expected to grow by 4.5% this year, down from 5% last year. Last year, approximately 300,000 new jobs were created in the country, falling short of a goal of 350,000 jobs. To increase the number of jobs, ramp up investments and spur R&D activities, government will partner with the industry. The […]

R&D activities in India have been booming: while the country only spent $2.9 billion on R&D in 2001, by 2004, this figure reached $24 billion. R&D spending is expected to reach $27.5 billion by 2010, and swell to $119 billion—2.7% of India’s estimated GDP—by 2020. There are currently 130 domestic firms and 220 multinational companies […]

Between 2000 and 2005, the Chinese biopharmaceutical sector grew 30%, while the global average for the sector grew 19%. Nonetheless, some observers are concerned that production will slow over the next five years. The fastest-growing Chinese biopharmaceutical manufacturers have concentrated on using genetically modified microorganisms to express proteins and very few are developing the capacity […]

To spur the industrial application of microbial genome research, top companies in the chemical, pharmaceutical and nutrition industries have formed the Industrieverbund Mikrobielle Genomforschung (IMG). Among the member companies are BASF, Degussa and Wacker-Chemie. IMG will develop a variety of projects, including fermentation and enzymatic processes that are cheaper and less damaging to the environment […]