According to BIO Deutschland’s annual biotechnology sector survey, the German biotech industry is optimistic for 2016. Many companies are planning to invest more in R&D and company personnel, with a little less than 60% of firms expecting business in the biotech sector to improve. Generally, two thirds of respondents believe nothing will change for German […]
On February 29, the Indian government announced its fiscal budget for 2016. The Department of Science and Technology received INR 44.7 billion ($650 million) and the Department of Biotechnology (DBT) received INR 18.2 billion for the year, a 17% and 12% rise in allocations, respectively. The Ministry of New and Renewable Energy’s budget jumped from […]
A total of 500 research institutes won 60% of Europe’s €55 billion ($59.5 billion) Seventh Framework Programme (FP7) budget, according to an independent review completed late last month by international academics. The review analyzed the effects that FP7 had on scientific and economic growth, finding that 85% of FP7 funding was allotted to research firms […]
On January 26, the National Health and Family Planning Commission of the People’s Republic of China issued the “Notice of Health and Family Planning Working Essentials for 2016,” which enables private investments in the life sciences industry. In accordance with the notice, the government of China plans to make improvements to the country’s health care […]
GenomeAsia 100K, a nonprofit organization dedicated to producing genomic data for Asian populations for genetic research and discovery, recently announced its plan to sequence 100,000 genomes. Initially, the project will study genomic data of 12 South Asian countries and a minimum of 7 North and East Asian countries. The first phase of the initiative will […]
Japanese food and food-related companies will have to implement HACCP (Hazard Analysis and Critical Control Point) systems, according to a revision to the country’s Food Sanitation Law that is expected to be proposed next year. HACCP includes a series of measurements and checks throughout food production to ensure food safety and proper handling. The Ministry […]
In an effort to forge a closer relationship between science and industry, a new measure promoting innovations and technology cooperation between public and private research organizations was signed into law this month by Brazilian President Dilma Rousseff. The law allows freer collaborations between companies and public research institutions. Features of the law include company access […]
The Chinese government is in the final stages of beginning a precision medicine initiative aimed toward creating a strong Chinese presence in the field of genome sequencing. Expected to be formally announced in March as part of the government’s next Five-Year Plan (2016–2020), preliminary estimates for funding of the initiative are around ¥60 billion ($9.2 […]
This month, the Irish government launched Innovation 2020, a five-year science strategy that sets out a road map for educational programs and institutions, and research industries. The goal is for public and private investment in Irish R&D to reach 2.5% of GNP by 2020. The strategy will focus investments on six industries: ICT; health and […]
In 2014, Spain’s internal expenditure on biotechnology R&D increased 1.5% to €1,450 million ($1.6 billion), or 11% of Spain’s annual R&D expenditures. The public administration sector accounted for 38% of biotech R&D internal expenditures, a 0.7% decrease. The business sector represented 37%, a 3.8% increase. The number of firms conducting R&D in the biotech industry […]
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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.
