In February, the Chinese government admitted that the country did not achieve its emission reduction goals in 2006. As part of a long-range plan to lower chemical oxygen demand (COD) and sulfur dioxide emissions by 10% from 2006 to 2010, the goal for 2006 was to lower COD and sulfur dioxide emissions by 2%. But, […]
Between 2000 and 2005, the Chinese biopharmaceutical sector grew 30%, while the global average for the sector grew 19%. Nonetheless, some observers are concerned that production will slow over the next five years. The fastest-growing Chinese biopharmaceutical manufacturers have concentrated on using genetically modified microorganisms to express proteins and very few are developing the capacity […]
South Korea’s economy is expected to grow by 4.5% this year, down from 5% last year. Last year, approximately 300,000 new jobs were created in the country, falling short of a goal of 350,000 jobs. To increase the number of jobs, ramp up investments and spur R&D activities, government will partner with the industry. The […]
R&D activities in India have been booming: while the country only spent $2.9 billion on R&D in 2001, by 2004, this figure reached $24 billion. R&D spending is expected to reach $27.5 billion by 2010, and swell to $119 billion—2.7% of India’s estimated GDP—by 2020. There are currently 130 domestic firms and 220 multinational companies […]
At the third annual meeting of the Strategic Council for the Health Industry (CSIS), members of the government and leaders in the French health industry discussed methods to boost R&D spending and create more jobs. One goal of the CSIS is to increase the amount spent on R&D in the health industry by 10% over […]
According to a report by the Statistics Bureau of Japan’s Ministry of Internal Affairs and Communications, total R&D expenditures for Japanese fiscal year (JFY) 2005 (April 1, 2005-March 31, 2006) were ¥17,845.2 billion ($156.5 billion), up 5.4% from JFY 2004. Of this, natural sciences R&D made up ¥16,472.1 billion ($144.5 billion). R&D was 3.53% of […]
As the world’s leading iron ore exporter, Australia has benefited from the more than doubling of the price of iron ore since 2004. During the same period, China’s imports of iron ore have climbed 60%. As a result, a number of Chinese steel firms are partnering with smaller Australian iron ore producers to maintain supplies. […]
In January 2005, India achieved compliance with the World Trade Organization’s Trade-Related Aspects of Intellectual Property Rights, which, among other things, protect drug patents. Last September, Biocon’s BIOMAb-EGFR became the first new drug to be developed, tested and taken through approval by an Indian company. However, of India’s estimated 20,000 drug firms, few are developing […]
To spur the industrial application of microbial genome research, top companies in the chemical, pharmaceutical and nutrition industries have formed the Industrieverbund Mikrobielle Genomforschung (IMG). Among the member companies are BASF, Degussa and Wacker-Chemie. IMG will develop a variety of projects, including fermentation and enzymatic processes that are cheaper and less damaging to the environment […]
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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.
