Russia’s Nanotechnology Corporation (Rosnano) will account for half of the country’s “midterm” investment of $10 billion in nanotechnology, according to Deputy Prime Minister Sergei Ivanov. Established in 2007 by the Russian government, Rosnano is designed to attract private investments in nanotechnology and to improve the country’s nanotechnology output. Rosnano is currently set to receive $4.65 […]

The IBO Life Science Index sales grew 8.3% in the third quarter to $2,255 million, compared to 11.2% growth in the same period last year due to declining sales from companies, such as Affymetrix and Caliper Life Sciences and reduced currency effects. Operating profit for the Index climbed 19.3% to $375 million and operating margin […]

One of the more exciting developments in technology for life science research has been the adoption of medical imaging technologies for use with research animals. The ability to image animals in vivo not only reduces the need to sacrifice animals, but also enhances the information obtained from animal studies by allowing a researcher to follow […]

Company Announcements GSI Group acquired photonics supplier Excel Technology for approximately $360 million in cash. Bruce Koepfgen resigned from Thermo Fisher Scientific’s Board in September. Oxford Instruments Plasma Technology sold its Molecular Beam Epitaxy business to RIBER SA in September for €450,000 ($656,163) in cash and a cash earn-out. Steven Parker resigned from Oxford Instruments’ […]

The FDA will continue to allow off-label use of the antibiotic cephalosporin in animals raised for food, including cows, chickens and pigs. In July, the FDA announced that it would crack down on the use of off-label antibiotics in animals used for food. The American Medical Association is among the groups critical of the overuse […]

In the wake of the widespread melamine contamination of infant formula and other milk-based products, China has further increased its food safety efforts. According to China Daily, the Chinese government announced in November that it will form food safety committees, each dedicated to one of three areas: risk analysis, new standards and food-science studies. The […]

Company Announcements Pall acquired GeneSystems, a provider of microbiological detection systems for process monitoring, in September. Invitrogen launched a patent-licensing program in September. New England Biolabs, QIAGEN GmbH and Kirkegaard & Perry Laboratories licensed technology covering the random prime amplification of nucleic acids. Takara Bio granted Promega a license to make, use and sell LA-PCR–related […]

The Chinese government has allocated CNY 6.6 billion ($880 billion) to drug discovery and development. The program will select Chinese companies, universities and research institutes to develop drugs for 10 disease areas (malignant tumors, heart disease, cardiovascular systems ailments, nervous system diseases, diabetes, psychosis, autoimmune problems, drug resistant infections, viral infectious diseases and tuberculosis). The […]