The EPA announced on March 16 the first nationwide standards for the reduction of toxic air pollutants from power plants. The standards would apply to new and existing coal- and oil-fired electric utility steam-generating units (EGUs). The EPA estimates that the standards could affect 1,350 units at 525 plants. The standards would lead to power […]
Growth of biotech crops increased 10% to 148 million hectares in 2010. Twenty-nine countries planted biotech crops, with the top ten countries each growing more than one million hectares, led by the US, Brazil and Argentina. Biotech crops with stacked traits were planted in 11 countries, 8 of which were developing countries. Developing countries, led […]
According to a presentation at the annual meeting of the Association for the Advancement of Science (AAA), the AAAS estimates that the proposed fiscal 2012 US federal budget would provide a 0.5% increase in R&D funding to $147.9 billion compared with fiscal 2010 (the fiscal 2011 budget has not yet been passed by Congress). Basic […]
Wal-Mart has banned a flame retardant found in a variety of consumer products. Polybrominated diphenyl ethers (PBDEs), a class of chemicals used as flame retardants since 1976, have been associated with liver, thyroid and reproductive-system problems. Researchers say PBDEs, labeled “chemicals of concern” by the EPA in 2010, can wind up in dust, air, food […]
The approval rate for new drugs has been cut in half from previous years, according to a February study conducted by the Biotechnology Industry Organization and BioMedTracker. More than 4,000 drugs were part of the study, which involved data from 2004 to 2010 and found a success rate of one in 10 from Phase I […]
In January, the FDA announced a plan to improve the 510(k) program. The plan includes 25 actions the FDA’s Center for Devices and Radiological Health (CDRH) intends to take this year, including new guidance and improved staff training. Among the actions are the issuance of new guidance on 510(k) modifications by June 15. The plan […]
Endowments at 850 US colleges, universities and affiliated foundations that participated in a 2010 study of endowments gained 11.9% for the year ending June 30, 2010, a significant improvement over the average loss of 18.7% reported in the previous year’s study. The average annual return over a three-year period was a decline of 4.2%. The […]
The US EPA plans to establish the first national standard for perchlorate by proposing a formal rule. The decision, which reverses one by the Bush Administration, was made after EPA scientists’ research on the naturally occurring and man-made chemical raised concerns about potential adverse effects it may have on the thyroid. In addition to setting […]
Commissioned by GE and managed by StrategyOne, the GE Global Innovation Barometer surveyed 1,000 executives in 12 countries, who are involved with their companies’ innovation processes. Among respondents, 95% agreed that innovation was the main component of a more competitive national economy. Eighty-eight percent indicated that the best way to create jobs in their country […]
According to Gartner, global semiconductor capital equipment spending was set to approach $38.4 billion in 2010, a 131.2% increase from 2009. In 2011, spending will decline 1.0% to $38.0 billion due to the shifted focus from technology equipment to capacity for equipment purchases. Gartner predicts that capital spending will be affected by two major trends: […]
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New Report Details Higher Education Science R&D Spending
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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.
