A study of the Indian chemical industry conducted by Tata Strategic Management, the Federation of Indian Chambers of Commerce & Industry and Roland Berger estimated the Indian chemical industry to be $83 billion in fiscal 2010. Base chemicals accounted for 53% of the industry. Growing at a projected rate of 5%, the Indian organic chemicals […]

The China-based Pharmaceutical Association has approved a new plan to put more emphasis on quality control. The plan, set to be announced next year by the State Food and Drug Administration, should eliminate some unqualified producers in the industry. The nonprofit association represents 37 multinational pharmaceutical manufacturers, mostly from Europe, the US and Japan. The […]

Companies and charities will not likely compensate for the government’s looming science budget cuts. They say that it is not their responsibility to make up for the difference in university research if the proposed cuts are approved. UK R&D spending from the private sector totals about £13 billion ($20.6 billion) a year. Much of that […]

Singapore plans to reduce guaranteed funds for biomedical scientists in order to increase the return on investments. Currently, the Agency for Science, Technology and Research guarantees 100% funding. Under the new policy, which takes effect April 1 and will be in place for at least a year, Singapore’s biomedical research institutes will vie for 30% […]

Following news that the country is spending less on R&D than previously thought, Chile’s new government plans to improve R&D spending. Chile’s R&D investment, which was almost 0.7% of the GDP in 2004, was only 0.4% in 2008. A recent survey estimated the 2009 percentage may have been even lower because of the global financial […]