The US government has averted a helium crisis by passing legislation to continue the operation of the Federal Helium Reserve. Responsible for 30% of the world helium supply, the Reserve will transition from government-set pricing to an auction process. Helium is used to operate MRIs and for semiconductor manufacturing, fiber optics, metallurgy and analytical chemistry. […]

For the one thousand public companies that spend the most on R&D, R&D spending increased 5.8% in fiscal 2013 (the fiscal year ending prior to June 30) to $638 billion, down from 9.6% last year. The total share of revenues spent on R&D increased from 3.43% to 3.60%. Computing and electronics, health care, automotive, industrials, […]

Immunotherapy drugs, known as immune checkpoint inhibitors, could revolutionize cancer treatment and become a major drug market. Bristol-Myers Squibb, Merck & Co. and Roche are among the firms developing such drugs, which use the immune system to target tumor cells. Yervoy, made by Bristol-Myers, the market leader, is approved for treating melanoma, but shows potential […]