As of this month, the Japan Agency for Medical Research and Development will have been established to improve medical care, and help develop drugs and medical equipment in the country. It will distribute the ¥140 billion ($1.16 billion) research budget of several ministries across nine fields that the Japanese government considers important. The areas are […]
This month, following years of disagreement, the EU passed legislation allowing new strains of GM crops to be approved for growing. However, the law allows member states to ban the crops even if approved by the European Commission. France, for example, is opposed to GM crops and will continue to ban 1507, a strain of […]
Import restrictions meant to aid the Argentine economy are taking a toll on scientific research, despite exemptions for lab supplies from the restrictions and taxes designed to keep money within the country. For example, imports of the supplies have slowed such that the goods can take months to reach labs. Each time lab supplies are […]
The South Korean government announced this month plans for four ministries to contribute $301 million to stimulate the development and production of stem cell and genetic drugs for export. According to the Ministry of Food and Drug Safety, in 2014, South Korea had the second-highest number of projects in stem cell–drug development globally, at 40. […]
According to the “Statistical Communiqué of the People’s Republic of China on the 2014 Economic and Social Development,” 2% of China’s GDP was spent on R&D in 2014, up 12.4% to CNY 1,331.2 billion ($216.2 billion). Fundamental research programs received CNY 62.6 billion ($10.2 billion). Projects implemented under the National Key Technology Research and Development […]
Since cuts to capital budgets in fiscal 2011, the UK has been developing infrastructure to promote the sharing of equipment and facilities within and across institutions as well as with businesses. Benefits of sharing include savings by maximizing use of existing equipment and providing access to equipment that might otherwise not be affordable to individual […]
Last month, India’s 2015–16 budget was announced. The Ministry of Science Technology would receive INR 9,492 crore ($1,535 million), gaining 22.6% compared with figures from the revised fiscal 2015 budget. Within the Ministry, the Departments of Science and Technology, Biotechnology, and Scientific and Industrial Research would receive INR 3,836 crore ($621 million), INR 1,626 crore […]
The second phase of South Korea’s Global Pharmaceutical Industry Development Fund has been launched. The Fund is designed to support mid-sized domestic pharmaceutical firms and includes funding for partnerships, overseas investments and GMP production facilities. The KRW 135 billion ($123 million) round of funding follows a KRW 100 billion investment in 2013. The Ministry of […]
Only 8 of China’s 74 largest cities met the country’s new air-quality standards last year, according to the Chinese Environment Ministry. The readings are based on measurements of particulate matter, nitrogen dioxide, carbon monoxide and ozone. In 2013, three cities met the standards. The greatest number of polluted cities was located in northeastern Hebei. Beijing […]
Although the Vietnamese pharmaceutical industry shows great potential for growth, it is still hampered by structural issues and the high price of generic drugs. Foreign drug makers produce most the generic drugs sold in the country. The industry is growing about 19% annually and consists of 171 companies, 28% of which are GMP certified. The […]
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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.
