Both Chinese firms and multinational corporations (MNCs) in China are becoming more innovative, according to Booz & Co.’s “2013 China Innovation Survey.” The survey polled 264 executives at Chinese firms and MNCs in the industrial, automotive, chemicals and energy, computing and telecommunications, consumer goods, finance, health and life sciences, and professional services sectors. When asked […]
The UK government’s net expenditure (funding from the science budget) on the Research Councils’ R&D fell 2.3% in 2012 to £3,194 million ($5,070 million) in real terms. All figures below are net expenditures in real terms. Government net expenditures on R&D fell for all Councils except the Biotechnology and Biological Sciences Research Council, for which […]
Despite China’s slower economic growth, chemical product sales are expected to remain strong. In 2011, the output of the country’s chemical industry increased 9.0% to RNB 7.2 trillion ($1.17 trillion), according to KPMG China. Through 2015, industry output is expected to grow in the range of 9%–11% annually. The China Petroleum and Chemical Industry Federation […]
In 2012, Australian business expenditure on R&D (BERD) rose 1.7% to $18,321 million in current prices, following a 7.4% increase in 2011. Manufacturing; Mining; Financial and Insurance Services; and Professional, Scientific and Technical Services contributed 24%, 22%, 16% and 16% to BERD, respectively. Mining’s contribution increased the fastest, rising 7% to $265 million. Current expenditure […]
To drive its economy, the Japanese government will invest JPY 1 trillion ($10.1 billion) in three key research areas in fiscal year 2014: health, agriculture and clean energy. As part of the new focus, the government has outlined several measures to support cell research. The government will contribute JPY 110 billion ($1.1 billion) for iPS […]
Testing by New Zealand’s Ministry of Primary Industries (MPI) has revealed that whey protein concentrate made by Fonterra, the world’s largest processor of dairy products, does not contain clostridium botulinum, which can cause botulism, but rather bacteria clostridum sporogenes. Earlier this month, Fonterra announced a worldwide recall of products containing the concentrate after testing by […]
Earlier this month, Brazil’s Ministry of Science, Technology and Innovation (MCTI) announced the establishment of the Brazilian Nanotechnology Initiative to support nanoscience and nanotechnology. The Initiative will receive about BRL 440 million ($188.5 million) in 2013 and 2014. A goal of the Initiative is to connect academic infrastructure and businesses to boost research efforts. Source: […]
German biopharmaceutical sales increased 11% to €6 billion ($8.3 billion) in 2012, according to the Boston Consulting Group’s “Biotech Report 2013” released in June. Biopharmaceutical sales comprised 21% of the German pharmaceutical market last year, up from 19% in 2011. The growth in biopharmaceutical revenues was led by an increase in prescriptions for severe diseases. […]
China’s State Council issued a plan earlier this month to improve environmental protection and energy conservation. The plan prioritizes environmental protection as a “pillar industry” that will receive subsidies and tax breaks. The plan aims to advance environmental protection, which includes developing equipment, instruments and technologies for environmental monitoring and the treatment of water, solid […]
The Union Health Ministry has approved the budget for the Department of Health Research’s (DHR) plan to improve health research and research infrastructure in India as part of the DHR’s new mandate to promote research. The plan will create 80 multidisciplinary research units (MRUs) at India’s medical colleges and research facilities. An investment of INR […]
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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.
