R&D spending may be on the rise in Turkey due to a new measure that lets companies deduct all of their R&D spending from their tax base until 2024, an increase from the previously allowed 40% tax deduction. The law was passed to stimulate exports of technological products and to attract multinational R&D. To be […]

Uganda’s parliament is set to review the country’s first National Biotechnology and Biosafety Policy, which was passed by the nation’s cabinet on April 2. Along with granting commercialization rights to GM crops, if passed, the law could regulate medical diagnostics, industrial microbiology and biochemical engineering. However, the approval for research of GM crops has been […]

The credit crisis could affect the ability of biotech companies worldwide to raise new funding. Although venture capital funding for biotech did not slow last year, some observers believe the criteria for such investments will become stricter and competition between late- and early-stage companies for such funding could increase. Last year, funding for biotech and […]

In regards to corporate earnings, most investors focus their attention on sales and either net income or earnings per share (EPS). While sales figures are usually straightforward, EPS results are often reported in both GAAP (Generally Accepted Accounting Principles) and nonGAAP adjustments. GAAP results provide a standardized and consistent method to compare results, but do […]

Global food sales grew an average of 1.8% last year, hampered by price increases for most staple items, including milk, eggs, corn and wheat. Food producers have also been impacted by higher electricity and fuel costs, part of what one analyst described as a “perfect storm” for the industry. In 2007, Kraft spent $1.3 billion […]

Two new reports released by Sense About Science and the Association of Clinical Biology, and the Royal College of Pathologists and the PHG Foundation address the need for government oversight of diagnostic testing kits and the potential for misdiagnoses. The reports on the heels of a Science Council report released at the end of January […]