Chile’s Senate has approved the creation of the Environmental Ministry, which will be voted on by the parliament for final approval. The Ministry would consist of the Superintendent of Environmental Regulation for environmental monitoring and enforcement, and the Environmental Evaluation Services, which would conduct environmental impact studies. The legislation also establishes an environmental court that […]
The EU is expanding its number of Biosafety-Level 4 laboratories (BSL-4). BSL-4 labs are designed for research on the most dangerous pathogens and incorporate extensive safety features. Eight new facilities are under construction or planned and will join the six labs that currently operate in Britain, Germany, Sweden and France. The new labs are needed […]
India is an attractive location for the operations of not only the world’s largest drug companies, but mid-sized companies as well. To establish themselves in the country, many foreign firms have made acquisitions or set up small operations. Among the recent acquirers is Perrigo, which bought Vedants Drugs and Fine Chemicals this fall and plans […]
The Taiwan Food and Drug Administration (TFDA) will be inaugurated on January 1, 2010. Combining the operations of four existing agencies, it will have a staff of 500. The aim of the TFDA is to increase the export of pharmaceutical products and foreign investment by raising regulatory standards and increasing transparency. Source: Economist Intelligence Unit
The South Korean market for clinical lab products was estimated to be $250 million in 2008. Sales of In Vitro Diagnostic (IVD) products accounted for 95% of the market, and is expected to grow 3%–10% over the next three years. Imported products account for 80% of the IVD reagent market and 100% of IVD instrument […]
This month, the Russian government announced an investment of RUB 318 billion ($11 billion) in nanotechnology, building on RUB 94 billion in spending over the last two years. The goal is to create a self-sustaining industry by 2015 to offset the country’s dependence on oil revenue and foreign investment. Currently, Russian nano-enabled products account for […]
In September, China’s State Food and Drug Administration issued a draft of its revised Good Manufacturing Practices for drugs. The public will have until the end of November to make comments. The last GMP standards came into effect in 1999. The new GMP adds an appendix for blood products and expands the appendix addressing sterile […]
Prestigious R&D institutions are among the organizations named by China’s Central Audit Office as having misused government funding. According to the report, the Ministry of Science and Technology (MOST) excluded a CNY 681 million ($10 million) surplus from its 2008 budget. The Institute of Chemistry is charged with taking a 5% share of research funding […]
On October 7, the European Union released details of its Strategic Energy Technology (SET) Plan, a plan for the region’s energy research over the next 10 years. The announcement included technology roadmaps for the first six European Industrial Initiatives (EIIs) for wind, solar, electricity energy grids, bioenergy, carbon capture and storage, and nuclear fission. A […]
Under France’s draft fiscal 2010 budget, the budget for the Higher Education and Research Ministry would increase 5.3%, adjusted for inflation, to €29.2 billion ($42.7 billion). Research funding would decline 6.8% to €804 million. Research investments would include a 2.5% rise in funding for public research agencies, including a 6.7% increase for the Pasteur Institute, […]
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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.

