A new report by the US International Trade Commission (USITC) examines two segment of the US industrial biotech market, liquid biofuels and bio-based chemicals, based on a survey of 559 establishments with production or R&D activities related to liquid fuel or chemicals. Respondents’ US sales of US-produced liquid biofuels increased 140% from 2004 to 2007 […]
The $17 billion contract research organization (CRO) market is growing 15% annually. CROs currently perform approximately 25% of preclinical drug testing for pharmaceutical manufacturers, and analyst Isaac Ro of Leerink Swann predicts that, due to imminent strains on pharmaceutical firms including lower profits and more regulations, within three years the number will double to 50%. […]
The chemical sector may be particularly vulnerable to conditions created by the credit crisis, according to some observers. Private equity companies have purchased many chemical companies in the past five years, resulting in a highly leveraged industry. UK-based Ineos Group’s ratings outlook was recently downgraded by S&P. Rising costs for petrochemicals, oil and commodities have […]
According to a new report from the United Nations Environment Program (UNEP) and New Energy Finance, R&D expenditures for renewable energy and energy efficiency totaled $16.9 billion in 2007, up from $16 billion in 2006. Corporate R&D accounted for more than half of this spending, rising 8% to $9.8 billion, based on the expenditures of […]
The 31st meeting of the Codex Alimentarius Commission (Codex) was held from June 30 to July 4 in Geneva, Switzerland. The Codex, an organization formed by the World Health Organization and the United Nation’s Food and Agricultural Commission, sets food standards designed to be used as references for countries in creating their own guidelines. Thirty […]
Japanese drug maker Daiichi Sankyo’s announcement of its plan to acquire Indian generic drug company Ranbaxy Laboratories has observers speculating as to other possible acquisitions in the generic drug market. Such acquisitions would diversify large pharmaceutical firms’ product lines, would allow them to capitalize on government efforts to encourage generic drug usage and would enable […]
Despite record prices and demand for the mining industry, the industry’s profit margins may have peaked. A new report from PriceWatershouseCoopers (PwC) found that 2007 revenues for the world’s 40 largest mining companies rose by a third last year to $312 billion due to the strength of diversified companies and mining firms in emerging nations. […]
IC Insights forecasts R&D spending by the semiconductor industry (integrated device manufacturers, fabless semiconductor companies and pure-play wafer foundries) to rise 8% this year to $49.2 billion. In the first quarter, the industry’s R&D expenditures increased 12% to $11.1 billion. In 2007, R&D spending rose 8% to $45.7 billion, or 17.9% of revenues, due to […]
A recent report by the International Energy Agency (IEA) outlines approaches to two scenarios for cutting global carbon dioxide levels by 2050. In the ACT scenario, which was introduced in 2006 and has now been revised, the levels of carbon dioxide would be reduced to 2005 levels by 2050 through a change in current energy […]
The National Institutes of Health (NIH) has announced changes to its peer review system for grant applications that are to be instituted over 18 months. The changes focus on four priorities: accessing the best reviewers, increasing review quality and transparency, guaranteeing fair reviews, and creating a permanent review process for peer review. As part of […]
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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.

