When the US stimulus ends September 30, academic research could suffer. The NIH has funded 18,568 biomedical research projects with the $8.2 billion it received over two years from the stimulus. Its annual grant and contract budget could drop by about 15%, going by this year’s appropriation of $26.2 billion. Universities that have received the […]
A new nationwide research initiative, launched by the National Institute of Allergy and Infectious Diseases, a division of the National Institutes of Health (NIH), hopes to improve vaccines and therapeutics. The NIH will allocate $100 million over five years to conduct the research at six Human Immune Phenotyping Centers—Baylor Research Institute, Dana-Farber Cancer Institute, Emory […]
The International Organization for Standardization (ISO) has released a new technical report on nanomaterials. The ISO/TR 11360:2010 report, “Nanotechnologies—Methodology for the classification and categorization of nanomaterials,” offers a global methodology for nanomaterials classification. It aims to alleviate misunderstandings that scientists and researchers have about nanotechnology, due to its wide range of applications and the diverse […]
A judge’s ruling has stopped about 35% of the US government’s planned allocation of $200 million in grants for embryonic stem cell research this year. The National Institutes of Health (NIH) had planned to distribute $54 million in annual grants in September, in addition to $15–$20 million for new projects. Under President Obama’s order, the […]
Major drug makers have a decision to make regarding entrance to the US biosimilars market. Companies must choose how to develop the drugs. They can develop them as new products, which would involve extensive and expensive clinical trials, or opt for a quicker route, similar to that used by generic drugs. Companies hope to begin […]
Biotechnology has again captured the largest quarterly share of venture capital funding of any industry. According to findings by PricewaterhouseCoopers and the National Venture Capital Association, it is off to an even better start this year than last, with funding showing a 35% rise. The life science sector investment split has been generally consistent for […]
According to the National Science Foundation, US R&D spending fell 13.1% to $233.92 billion in 2008. The drop during the previous, milder recession was only 0.5%. For the 232 companies in the Standard & Poor’s 500 index, aggregate R&D expenditures increased from $163.37 billion in 2008 to $166.42 billion in 2009. One reason is because […]
Iron ore production declined 6.2% last year to 1.588 billion tons, according to the United Nations Conference on Trade and Development Trust Fund (UNCTAD) and Raw Materials Group. Australia and South Africa increased production. The world’s four largest producers of iron ore in 2009 were Australia, Brazil, India and China. In aggregate, Vale, Rio Tinto […]
The FDA intends to more tightly regulate direct-to-consumer (DTC) genetic tests. Jeffrey Shuren, director of the FDA’s Center for Devices and Radiological Health, told Congress that the FDA will create a “draft oversight framework” for laboratory-developed tests (LDTs), a category that has up to now included DTC gene tests. LDTs are tests created and performed […]
The world’s 50 largest chemical producers generated total revenues of $697 billion last year. Sales fell 21.0% as the recession hurt demand and pricing. Only four companies among the top 50 posted revenue increases: LG Chemical, Reliance Industries, Mosaic and Sasol. Operating profits for the 46 companies that disclosed them declined 6.2% to $49 billion. […]
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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.

