According to data published in September by the German Federal Ministry of Education and Research (BMBF) and the Stifterverband, the German association of research sponsors, public and private R&D spending is increasing. Public R&D funding is expected to increase 8% to €9.2 billion ($12.9 billion) in 2008. The Stifterverband calculates that industry R&D spending grew […]
Last year, China invested CNY 300.3 billion ($39.9 billion)—an increase of 22.6%, or CNY 55.3 billion, over 2005—in R&D, according to a statement released this month by the National Bureau of Statistics, the Ministry of Science and Technology and the Ministry of Finance. R&D spending in 2006 represented 1.42% of the country’s GDP, a new […]
Kingdom: Preliminary results from a survey by the Sensors and Instrumentation Knowledge Transfer Network (SIKTN) show that 57% of UK sensor and scientific instrument companies plan to boost research spending in the next year. On average, sensor and instrument companies in the UK intend to increase research spending by 10%. In addition, 75% of the […]
France’s 2008 budget, which was announced this month, provides a €1.88 billion ($2.66 billion) boost to the budget for higher education and research, an increase of 7.8%. From this funding increase, €1 billion ($1.4 billion) will go to higher education and €880 million ($1.2 billion) will go to research. Funding for research includes a €22 […]
Last month, Forfás—Ireland’s board for enterprise, trade, science, technology and innovation—published the first findings of its survey of R&D in the higher education sector (HERD) for the academic year 2006 (September 2005–August 2006). HERD spending reached €600.6 million ($730.2 million) in 2006, and has risen 10.5% on average since 2004. HERD spending reached 0.40% of […]
Malaysia has steadily been working to establish itself in the global biotech industry through government and private enterprise efforts. The future heart of the Malaysian biotech industry will be BioValley, a biotech zone south of Kuala Lumpur. To date, the government has invested $26 million in BioValley and it is expected to be operational by […]
The European Food Safety Authority (EFSA) is examining new research that links food coloring and hyperactivity in children. The EFSA plans to review 45 colorings currently used in Europe by the end of 2008, and will rule on the coloring Allura Red later in the year. These reviews are based on the assessment of published […]
In order to boost Germany’s flagging pharmaceutical industry, the nation’s Ministry of Education and Research (BMBF) has announced a new initiative. The Pharma-Initiative, with a budget of €800 million, will run until 2011. The Initiative’s goals include improving innovation within the industry, fostering communication among industry participants and assisting firms in bringing their highest-potential products […]
According to the Forum for European-Australian Science and Technology Cooperation (FEAST), Australian biotech firms have been successful in raising capital during the first half year, ended June 30. Drug development and device companies raised a record AUD 500 million ($422.7 million) from IPOs and other capital raising efforts. Biotech firms Avexa, Acrux and Progen together […]
his month, the Turkish Statistical Institute published the results of its “2005 Research and Development Activities Survey.” According to the results, gross domestic expenditure on R&D (GERD) in 2005 was TRY 3.83 billion ($2.83 billion), or 0.79% of GDP. The higher education sector was responsible for 54.62% of 2005’s R&D expenditure, business enterprises—which includes state […]
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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.
