Earlier this month, the Canadian government announced CAD 75 million ($69 million) in funding over three years for food safety, building upon last year’s $113 million investment. To improve the detection of foodborne-illness risks, a national public health surveillance system will be implemented. In addition, the country’s existing lab network will be strengthened and the […]
Australia’s Business Expenditures on R&D (BERD) increased 14.6% in current prices for the year ended June 30, 2008 to AUD 14,380 million ($12,517 million). The business sector contributed 95% of spending, the government sector contributed 3% and overseas sources provided 1%. Experimental development accounted for 62% of R&D spending, applied research for 32%, strategic basic […]
South Korean spending on R&D increased 10.2% last year to $28 billion to make up 3.37% of GDP, according to a government survey conducted between March and July this year. The public and private sector represented 26.8% and 72.9% of 2008 R&D expenditures, respectively. Foreign R&D represented 0.3%. By source, private companies, public research institutes […]
Scheduled to take effect in October, China’s latest revisions to its intellectual property laws will affect foreign and domestic drug makers. The new “standard for novelty” principle requires that a patent be issued if the invention is truly new, not just new to China. The revisions also eliminate the requirement that patents on Chinese inventions […]
In 2007, R&D spending by the EU27 totaled €229 billion ($314 billion), and was flat at 1.85% of GDP. Germany (€62 billion), France (€39 billion) and the United Kingdom (€37 billion) accounted for 60% of R&D expenditures. The highest R&D intensities (R&D as a percentage of GDP) were recorded by Sweden (3.60%), Finland (3.47%) and […]
The Indian government plans to increase its oversight of environmental issues, including the protection of natural resources. Jairam Ramesh, the country’s environmental minister, stated that India will set up an environmental protection agency based on the US’s EPA to enforce environmental regulations. The establishment of so-called civil “green courts” to alleviate the backlog of environmental […]
R&D spending in Sweden by business rose an estimated 4.2% in 2008 to SEK 87,681 million ($12,498 million) in constant prices. Within the business sector, R&D investments by producers of goods accounted for 75% of spending compared to 25% for the service sector. R&D spending by the higher education sector (excluding ALF funds) also increased, […]
The Malaysian Organization of Pharmaceutical Industries (MOPI) forecasts the country’s pharmaceutical industry to grow 10% to MYR 9.3 billion ($1.1 billion) this year. Fueling the growth is demand related to the H1NI virus. The generic drug manufacturing industry makes up 35% of the domestic market and is estimated to grow 15% due to growth in […]
Israeli spending on civilian R&D rose 3.6% in constant prices last year to NIS 35.3 billion ($9.2 billion), or 4.9% of GDP. R&D expenditures by business grew 4.5% to make up 81% of the county’s total R&D spending. R&D spending by private nonprofit institutions increased 2.5% to represent 3% of the country’s R&D spending. General […]
Prime Minister Vladimir Putin has announced that Rusnano will invest RUB 40 billion ($1.25 billion) in nanotechnology projects this year, up from the RUM 28 billion in funding announced in May. This amount will represent half of the funding for the 50 projects the state-owned corporation is expected to approve this year. Observers note that […]
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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.

