The new National Authority for Scientific Research (NASR) will receive AED 100 million ($27 million) per year from the UAE government. Part of the Ministry and Higher Education and Scientific Research, the NASR was started in order for the UAE to be recognized by the international scientific community and to promote scientific research through cooperation […]
A South Korean effort to increase R&D spending to 5% of GDP, in contrast with last year’s R&D spending of 3.49% of GDP, will mean an overhaul of the national capabilities in basic sciences. For 2008, South Korea plans to spend $10.6 billion on science and technology development, 25% of which will go to basic […]
In 2007, Egypt imported $40 million of biotechnology laboratory equipment, and the market is expected grow 10% per year. The government’s five-year plan for 2007–2012 will spend $800 million to upgrade equipment in scientific research centers. In addition, the plan sets aside $5.3 billion for agriculture, including the development of biotech-based crops, and $5.1 billion […]
Two new reports released by Sense About Science and the Association of Clinical Biology, and the Royal College of Pathologists and the PHG Foundation address the need for government oversight of diagnostic testing kits and the potential for misdiagnoses. The reports on the heels of a Science Council report released at the end of January […]
In an effort to increase its strength in science and innovation, Canada’s proposed budget for 2008 contains an $80 million per year increase for its three university granting councils for research in support of industrial innovation, health priorities, and social and economic development. Genome Canada, which has six genome center around the country, will receive […]
Blossom Associati and Assobiotec report that since 2000 the Italian biotech industry has grown 7% on average, adding about 15 new companies per year. Sales of Italian biotech products and licensing operations have reached $5.5 billion, or 0.04% of the Italian GDP. From 2006 to 2007, the value of the country’s biotech market increased 19.3%. […]
New Zealand’s Fast Forward plan is designed to transform the economy into a more formidable supplier of high value goods and services. Under the plan, the government will allocate NZ$700 million ($570 million) to the pastoral and food industries. The funding will grow interest over the next 10 to 15 years, and will be valued […]
: In January, the World Bank’s Board of Executive Directors approved a $13.4 million loan for Kazakhstan’s Technology Commercialization Project (TCP). The TCP has a total budget of $75 million, $61.6 million of which comes from Kazakhstan’s government, and seeks to restore some of the country’s scientific capacity, which was strong during the Soviet era. […]
On January 15, the Korean Science and Technology Ministry released a plan to place Korea among the top three countries for nanotechnology by 2020. According to the plan, by 2020, Korean companies would control 20% of the global nanotechnology market, generating sales of $260 billion per year by 2015 and $500 billion in 2020. Nano-element […]
According to Hong Yaxiong, deputy director of the department of policy for China’s State Environmental Protection Administration (SEPA), a new environmental ministry is likely to be created during the Eleventh National People’s Congress in March. The new ministry would assume SEPA’s duties and could also include the environmental duties of the Ministry of Land and […]
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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.

