According to data compiled in a 2006 study by the Confederation of the Food and Drink Industries of the EU (CIAA), the food and beverage industry was the largest manufacturing sector in the EU in 2005. Its sales grew 2.6% to €836 billion ($1.2 trillion) to represent 13.6% of EU manufacturing sales. In 2005, the […]
Canada plans to spend CAD 9.2 billion ($8.0 billion) on science and technology in 2007–08. University laboratories received a CAD 510 million ($443.1 million) disbursement for purchasing new scientific equipment and CAD 15 million ($13.0 million) to cover “indirect” research costs. The three councils in Canada that give research grants each had their budgets boosted […]
At the beginning of the month, the Science and Technology Facilities Council (STFC) was formed as a merger between the Council for the Central Laboratory of the Research Councils and the Particle Physics and Astronomy Research Council. The STFC hopes to provide strategic leadership and a cohesive approach to UK investments in large national and […]
The South Korean government designated KRW 9.7 trillion ($10.4 billion) for R&D programs this year, an increase of 9.6% from last year. Since 2003, R&D spending has increased an average of 10.6% each year. The government established a science and technology innovation headquarters two years ago, which monitors and seeks to improve the efficiency of […]
China’s ranking for nanotech R&D investments is on the rise, according to a report by Lux Research. China’s climb is credited to lower business costs. In terms of government expenditure, the US, Japan and Germany were the top three in 2006, spending $1.78 billion, $975 million and $563 million, respectively. But when lower business costs […]
According to “Public Support for Science and Innovation,” a new report by Australia’s Productivity Commission, the Australian government budgeted an estimated AUD 5.974 billion ($4.492 billion) for science and innovation in 2006–07. Major government research agencies accounted for 23% of funding, including the Commonwealth Scientific and Industrial Research Organization, which recieved AUD 607.2 million, making […]
China plans to dramatically increase agricultural biotechnology spending to guarantee its food supply. Although a final budget has yet to be approved, spending is set to increase five times its current level, according to Zhang Liang Chen, president of the Agricultural University of China. According to Jikun Huang, director of the Center for Chinese Agricultural […]
The United Kingdom’s fiscal 2007 budget, announced on March 21, increased resources for scientific research. The budget specified a 2.5% average annual increase in real terms in science spending to £6.287 billion ($12.267 billion) by 2010–11. In 2007–08, UK science spending totals £5.397 billion, including £3.383 billion for the Department for Trade and Industry and […]
Since 2000, biomedical sciences (BMS) manufacturing output in Singapore has nearly quadrupled. According to the Agency for Science, Technology and Research, total expenditure on biomedical research in Singapore grew from SGD 310.7 million ($203.7 million) in 2001 to SGD 888.9 million ($582.8 million) in 2005. The latest step in this growth trend was a 30.2% […]
In February, Brazilian president Lula da Silva launched a policy for the development of biotechnology that could make the country a biotech leader within 15 years. The policy is designed to foster collaboration between industry and scientists and to create incentives for biotech scientists. This plan will add support to preexisting innovation initiatives (see IBO […]
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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.
