R&D spending by the one thousand public companies that spend the most on R&D increased 5.7% last year to $532 billion, as operating profits declined 8.6% and sales grew 6.5%, according to the Booz & Company’s “Global Innovation 1000” report. R&D as a percentage of sales was flat at 3.6%. R&D spending by these companies […]
The latest forecast from the World Steel Associates estimates that apparent steel use (steel delivered to the marketplace) will contract 8.6% this year to 1,104 million metric tons before rebounding in 2010 to grow 9.2%. Leading the rebound will be nations covered by the North American Free Trade Agreement, for which steel demand is expected […]
Seven major US medical centers are embarking on tumor genotyping programs for lung cancer in order to improve cancer research, recruit patients for clinical trials and tailor drug treatment. Memorial Sloan-Kettering Cancer Center (MSKCC) is currently testing all lung adenocarcinoma patients for the EML4-ALK fusion gene, as well as 40 additional mutations found in seven […]
The EPA has issued its Nanomaterial Research Strategy (NRS), which will guide its Office of Research and Development’s (ORD) nanomaterial research program. The NRS employs a comprehensive environment assessment approach from a life cycle perspective. The ORD will implement the NRS by funding Science to Achieve Results grants, Small Business Innovation Research grants, and research […]
The World Economic Forum’s “Global Competitiveness Report 2009–2010” ranks Switzerland as the most competitive country, followed by the US, Singapore, Sweden and Denmark. Rankings were based on a Global Competitiveness Index, which is composed of 12 pillars of competitiveness, including innovation. Japan, Germany, Switzerland, Sweden and Finland were rated the highest for innovation capacity. Switzerland, […]
Emerging Markets Online estimates that $1 billion has gone into algae research for fuel since 2007. Algae require little land to grow, can capture carbon dioxide and can even be grown in wastewater. However, algae’s low yields, contamination and harvesting present challenges. This summer, ExxonMobil, in partnership with Synthetic Genomics, announced a six-year $600 million […]
An investigation by The New York Times has found that violations of the US’s Clean Water Act have increased in recent years, and that the majority of violators are not punished. The Clean Water Act regulates more than 100 pollutants. The Safe Drinking Water Act (SDWA) sets limits for 91 chemicals or contaminants in tap […]
HSBC estimates that $512 million in worldwide stimulus funding will go toward green projects. In 2009, 22% of this funding is expected to be spent. South Korea has committed the largest share of its economic stimulus plan, 79%, to green projects, with major programs for job creation and clean technology. The EU has pledged a […]
A new report from the European Commission’s Joint Research Center estimates that the number of genetically modified (GM) crops will reach 124 by 2015, compared to 33 in 2008, and will include GM rice and potato, which are not currently commercialized. GM cotton will account for the largest number of GM crops in 2015, with […]
Drs. Darren E. Zinner and Eric G. Campbell of Brandeis University analyzed the results of a survey of 1,663 life science faculty at 50 US universities with medical schools conducted between September 2006 and February 2007 to examine life science research at US academic medical centers. The mean research time for respondents was 23 hours […]
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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.
