Prestigious R&D institutions are among the organizations named by China’s Central Audit Office as having misused government funding. According to the report, the Ministry of Science and Technology (MOST) excluded a CNY 681 million ($10 million) surplus from its 2008 budget. The Institute of Chemistry is charged with taking a 5% share of research funding […]
On October 7, the European Union released details of its Strategic Energy Technology (SET) Plan, a plan for the region’s energy research over the next 10 years. The announcement included technology roadmaps for the first six European Industrial Initiatives (EIIs) for wind, solar, electricity energy grids, bioenergy, carbon capture and storage, and nuclear fission. A […]
Seven major US medical centers are embarking on tumor genotyping programs for lung cancer in order to improve cancer research, recruit patients for clinical trials and tailor drug treatment. Memorial Sloan-Kettering Cancer Center (MSKCC) is currently testing all lung adenocarcinoma patients for the EML4-ALK fusion gene, as well as 40 additional mutations found in seven […]
Under France’s draft fiscal 2010 budget, the budget for the Higher Education and Research Ministry would increase 5.3%, adjusted for inflation, to €29.2 billion ($42.7 billion). Research funding would decline 6.8% to €804 million. Research investments would include a 2.5% rise in funding for public research agencies, including a 6.7% increase for the Pasteur Institute, […]
The latest forecast from the World Steel Associates estimates that apparent steel use (steel delivered to the marketplace) will contract 8.6% this year to 1,104 million metric tons before rebounding in 2010 to grow 9.2%. Leading the rebound will be nations covered by the North American Free Trade Agreement, for which steel demand is expected […]
Spending on Science and Engineering (S&E) R&D at US universities and colleges increased 4.8% last fiscal year (ended September 30, 2008) to $51,909 million, according to the latest figures from the National Science Foundation (NSF). Adjusted for inflation, academic S&E R&D spending rose 2.3%. Funding for basic research grew 4.1% to $39,408 million. Applied R&D […]
The EPA has issued its Nanomaterial Research Strategy (NRS), which will guide its Office of Research and Development’s (ORD) nanomaterial research program. The NRS employs a comprehensive environment assessment approach from a life cycle perspective. The ORD will implement the NRS by funding Science to Achieve Results grants, Small Business Innovation Research grants, and research […]
Second-quarter revenues for IBO’s Lab Equipment/Consumables Sales Index contracted 6.7% to $853.8 million, and operating profits declined 6.1% to $259.2 million. Adjusted operating margins improved 30 basis points to 30.4% of sales. Biohit’s second-quarter sales declined 5% to €8.7 million ($11.9 million = €0.73 = $1), while operating income plunged 38% to €0.2 million ($0.3 […]
London, England 9/22/09, London, England 10/6/09—Millbrook Scientific Instruments has placed its subsidiary that manufactures the MiniSIMS (secondary ion MS) system into administration in order to conserve cash.
Cambridge, MA 9/16/09—Helicos Biosciences has raised approximately $9.4 million through a private placement of common stock and warrants. Purchasers include four existing investors, as well Ron Lowy, Helicos’s CEO, a new investor. In early September, the company announced it is considering strategic alternatives (see IBO 9/15/09).
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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.
