In its “Autumn Statement” earlier this month, the UK government announced it will invest an additional £600 million ($967 million) in science over the next three years. The funds will support the Research Council and facilities for applied R&D. The government intends to increase the UK’s competitiveness and develop technologies in research areas such as […]
R&D expenditures in Hungary rose 8.5% last year to HUF 336,557 million ($1,607 million), or 1.2% of GDP. Scientific research accounted for 55% of R&D expenditures, of which basic and applied research represented 21% and 34%, respectively. Experimental development accounted for 45% of R&D spending. R&D institutes, higher education and business enterprises made up 16%, […]
Earlier this month, the Safe Food for Canadians Act became law. The move streamlines provisions of the country’s Food and Drugs Act, Fish Inspection Act, Meat Inspection Act, Canada Agricultural Products Act, and Consumer Packaging and Labeling Act into one law to reduce health risks and improve industry compliance. The Food and Drugs Act will […]
Spain’s R&D spending dropped 2.8% to €14,184 million ($19,700 million) in 2011 to make up 1.33% of GDP. R&D spending by the business sector fell 1.5% to account for 52% of spending. Spending by the higher education and public administration declined 2.9% and 5.7% to make up 28% and 20%, respectively. The public administration sector […]
This month, the Chinese government revealed the country’s first official plan to manage hazardous waste. A goal of the plan is to establish the amount and source of hazardous waste produced. In 2007, the Ministry of Environmental Protection announced conflicting figures on the amount of hazardous waste for which industrial sources were responsible. That year, […]
France’s Minister of Higher Education and Research Geneviève Fioraso reinstated the country’s Operation Campus program in October. The program was first announced in 2007 to increase the competitiveness of French universities (see IBO 7/15/08). Under the plan, pôles de recherche et enseignement supérieur (centers for research and higher education), clusters of universities, grandes écoles (“higher […]
India’s chemical industry was valued at $108.4 billion in 2010. The chemical and petrochemical sectors account for about 3% of the country’s GDP and are expected to have grown 8.0% and 12.6%, respectively, from 2007 to 2012 under India’s 11th Five-Year Plan. In 2011, chemical production increased 6.6% to 8.0 million metric tons (mmt). Production […]
Spain’s pharmaceutical R&D spending dropped 5.3% to €974 million ($1.3 billion) in 2011, which is the lowest amount since 2007. In 2010, pharmaceutical R&D spending increased 6.5% to €1.0 billion. Spending on clinical trials accounted for 48% of R&D spending, and basic research represented 14%. Fourteen percent of pharmaceutical R&D spending in 2011 was for […]
Australia’s midyear budget will cut Sustainable Research Excellence (SRE) grants by 40% to AUD 79 million ($81.9 million) for 2012–2013. Although research grants were not subject to cuts, the SRE grants, which have supported overhead expenses for research since 2009, will receive AUD 499 million less over the next four years than originally announced. Funding […]
R&D spending in China continued to grow in 2011, increasing 23% to CNY 868.7 billion ($139 billion). R&D spending accounted for 1.84% of the country’s GDP, up from 1.76% in 2010. Investment in basic research, applied research and experimental development, a term the Chinese government defines as “systematic activities aiming at using the knowledge from […]
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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.
