The Taiwanese government’s National Development Fund has announced plans to invest TWD 24 billion ($731.7 million) to develop the country’s domestic biotechnology industry, including TWD 60 billion in funding next year. Private investments in the program are expected to be TWD 36 billion. In addition to the TWD 3 billion limit on funding from any […]
According to a survey and analysis by the Organization for Economic Co-operation and Development (OECD), investment in innovation and long-term growth is a priority of OECD nations’ economic stimulus packages. Such investments can be grouped into five themes: infrastructure improvements; R&D, science and innovation support; education and human-capital investments; investment and promotion of green technologies; […]
Several prestigious US universities are cutting back on expenses following endowment losses. University endowments declined 24% in the second half of 2008, according to the Commonfund Institute. The endowment for Harvard University, the richest US university, contributed 35% of the school’s annual revenue last fiscal year, but lost 30% of its value in fiscal 2009. […]
Despite lower earnings last year for US, European and Asian chemical companies, R&D spending increased and capital spending was mixed. Total aggregated capital spending in 2008 among the 21 US chemical firms tracked by Chemical & Engineering News increased 18.6% to $10,782 million. Last year, R&D spending for these 21 chemical companies increased 6.0% to […]
Perhaps the most enthralling display of fireworks in July was seen on Wall Street as the equity markets exploded on the upside. The Dow Jones Industrial Average, S&P 500 and NASDAQ ended the month up 8.6%, 7.4% and 7.8%, respectively. The sharp rise was ignited by earnings optimism as Goldman Sachs and Intel announced better […]
Bangalore, India 7/31/09—Bruker has established Bruker Labmate, a joint venture for MS between Bruker Daltonics and Indian lab product distributor LabMate Asia. Bruker is the majority owner. “Adding to our training and applications strength in India is the logical next move to ensure our customers succeed as quickly as possible in this very exciting and […]
Carlsbad, CA 7/28/09—Life Technologies disclosed in its second-quarter earnings report that is has acquired Cytonix for its intellectual property related to its digital PCR technology. Life Technologies stated that it plans to license the technology and commercialize it. Applications for the commercialized technology could include next-generation sequencing library quantification and molecular diagnostic assays. The company’s […]
Munich, Germany 7/1/09; Munich, Germany 7/1/09—Agilent Technologies has sold the assets of TILL Photonics GmbH, a provider of fluorescence microscopes, to a German consortium. The consortium is led by TOPTICA Photonics AG, a manufacturer and distributor of diode lasers, fiber lasers and laser systems for scientific and industrial applications. The consortium also includes Frank Lison, […]
Santa Clara, CA and Palo Alto, CA, 7/27/09—Agilent Technology has signed a definitive agreement to acquire Varian for $1.5 billion, subject to regulatory and Varian shareholder approval. Agilent will pay $52 in cash per share of common stock, a 33% premium over Varian’s July 24 closing price of $39.20. The acquisition will expand Agilent’s products […]
Many biologic drugs, such as antibodies and proteins, and vaccines are produced through the large-scale culturing of mammalian cells. From R&D through screening and production, bioprocess cell culturing must be carefully monitored and regulated to optimize growth conditions, control feeding and prevent contamination. To do so, genetic, physical and environmental parameters are continuously tested. Environmental […]
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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.
