This month, Switzerland launched SystemsX.ch, a consortium of eight universities, three research institutions and members of industry that aims to be the heart of Swiss systems biology research. For 2008–2011, a total of CHF 400 million ($352.2 million) in government funding will go to support systems biology research. However, CHF 100 million ($88.1 million) of […]
The European Chemical Industry Council (Cefic) predicts that the output of the EU chemical industry—excluding pharmaceuticals—will grow by 2.6% in 2007, up from 2.1% in 2006. However, a downturn is expected in 2008, when a growth rate of 1.9% is predicted. In 2007, consumer chemicals production is expected to increase by 4.5% and by 3.0% […]
The US-China Business Council’s (USCBC) 2007 Member Priorities Survey reflects a mood of optimism. Eighty-three percent of the respondents stated that their operations in China were profitable and two-thirds said that the profitability rate of their Chinese operations is equal to or higher than their companies’ global rate. Ninety-two percent of respondents expect sales increases […]
The Organization for Economic Cooperation and Development (OECD) recently published its evaluation of innovation in Chile. Although Chile has one of the most successful economies in Latin America, R&D spending totaled only 0.68% of GDP in 2004. R&D in Chile is typically funded by the government and conducted at universities. The business sector plays a […]
The Brazilian Steel Institute (IBS) estimates that steel production in the country will be approximately 34.3 million tons this year, up from 30.9 million tons in 2006. Brazilian steel firms invested $18.9 billion over the years 1998–2006, with most of this investment going to the maintenance and modernization of existing facilities. A new round of […]
Budget requests for Science and Technology (S&T) programs in Japanese Fiscal Year (JFY) 2008 (April 2008–March 2009) have been released by the Council for Science and Technology Policy (CSTP). The total amount requested is ¥4,033.2 billion ($35.1 billion), a 14.9% increase from the JFY 2007 budget of ¥3,511.3 billion. The budget request from the Ministry […]
The Indian government plans to create a food safety agency by the end of the year. The agency will set standards for pesticides, additives, organic food and hygiene for both domestically produced and imported food. In addition, the agency will be responsible for establishing recall procedures. Current food testing policies in India are not enforced: […]
China is already the world’s leading producer of drug raw materials, and it is beginning to make its first steps into the generics market. This summer, Zhejiang Huahai Pharmaceutical, a pharmaceuticals firm based in Linhai, became the first Chinese company to be approved to export drugs to the US. Huahai’s generic version of nevirapine—an AIDS […]
The “competitiveness clusters” (pôles de competitivité) initiative, instituted in 2004 with an allocation of €1.5 billion ($1.85 billion) to be spent by the end of 2008, was established in order to develop the commercial potential of innovation. Of this €1.5 billion, €732 million was to be distributed to R&D for projects, €575 million was to […]
The government has submitted its 2007 Comprehensive Spending Review (CSR07), which sets its spending plans for 2008–09, 2009–10 and 2010–11. Of CSR07’s allocations to the Department for Innovation, Universities and Skills, research funding will total £5.6 billion ($11.4 billion) for 2008–09, £5.9 billion for 2009–10 and £6.3 billion for 2010–11. Funding for the Department for […]
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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.
