Three Japanese ministries will work jointly in the next fiscal year (from April 1) on cancer research and treatment. Cancer is the number one cause of death in Japan, responsible for approximately 360,000 deaths in 2011. The Health, Labor and Welfare Ministry; Education, Culture, Sports, Science and Technology Ministry; and the Economy, Trade and Industry […]

President François Hollande has announced that cuts to France’s higher education and research budget will not occur. To reduce deficits, the government had planned to trim programs by €50 billion ($68 billion) over three years. Mr. Hollande stated that of €12 billion allocated to the Investments for the Future program, €2 billion will establish world-class […]

A survey of 38 nonprofit organizations and academic institutions conducting drug discovery research in the UK provides insight into the field and highlights its areas of need. Major challenges reported were lack of infrastructure for long-term funding and collaboration. The majority (87%) of research groups are academic, with most of their research focusing on cancer […]

Beijing, China 1/15/14; Beijing, China 1/20/14; Washington, DC 1/31/14— Thermo Fisher Scientific’s proposed acquisition of Life Technologies (see IBO 4/15/13) has received clearance in the US and China. Stating that the merger would have restricted competition in the cell culture products, sequence-specific primer (SSP) kits, protein standards for SDS-PAGE and siRNA reagent markets, China’s Ministry […]

While all geographic regions are primed for a strong rebound from a lackluster performance in 2013, developing markets will lead the way. Other Asia Pacific (excluding China, Japan and China), especially Taiwan, Korea and Indonesia, will perform exceptionally well. China remains the key market for most industry suppliers, while Japan offers significantly improved prospects because […]

On November 21, the European Commission approved its 2014–20 budget, including €78.6 billion ($103.4 billion = €0.76 = $1) in funding for Horizon 2020, the EU’s primary research program. Horizon 2020 replaces the 7th Research Framework Programme and incorporates funding for the European Institute of Innovation and Technology and parts of the Competitiveness and Innovation […]

Biotechnology R&D expenditures in Spain declined 3.3% in 2012 to €1,455 million ($1,865 million), following a 4.4% decline in 2011, to account for 11% of total Spanish R&D spending. Biotech R&D spending by government, business and higher education declined 3.7%, 2.7% 3.8% to make up 40%, 36% and 24% of total internal biotech R&D expenditures, […]

The New Zealand government has accepted in principle 29 recommendations contained in a new report about the country’s dairy food safety regulatory system, which was released as part of the investigation of the whey protein concentrate contamination incident (see IBO 8/31/13). Although the report found that the incident was not the result of a failure […]

Japanese expenditures on R&D declined 0.3% in fiscal 2012 (ending March 31, 2013) to ¥17.32 trillion ($20.8 billion). This marks the first decline in two years. The ratio of R&D spending to GDP remained 3.67%. Spending by business declined 0.8% to make up 70% of all R&D expenditures. R&D spending by universities and colleges grew […]

Uncertainty surrounding the legal requirements for conducting drug trials in India has slowed trial activity. In 2011, India was responsible for $450 million worth of clinical trials. Earlier this year, India’s Supreme Court stopped 157 clinical trials, requiring they undergo review. Also, the government introduced rules making companies responsible for the injury or death of […]