South Korean spending on R&D increased 10.2% last year to $28 billion to make up 3.37% of GDP, according to a government survey conducted between March and July this year. The public and private sector represented 26.8% and 72.9% of 2008 R&D expenditures, respectively. Foreign R&D represented 0.3%. By source, private companies, public research institutes […]
The World Economic Forum’s “Global Competitiveness Report 2009–2010” ranks Switzerland as the most competitive country, followed by the US, Singapore, Sweden and Denmark. Rankings were based on a Global Competitiveness Index, which is composed of 12 pillars of competitiveness, including innovation. Japan, Germany, Switzerland, Sweden and Finland were rated the highest for innovation capacity. Switzerland, […]
Emerging Markets Online estimates that $1 billion has gone into algae research for fuel since 2007. Algae require little land to grow, can capture carbon dioxide and can even be grown in wastewater. However, algae’s low yields, contamination and harvesting present challenges. This summer, ExxonMobil, in partnership with Synthetic Genomics, announced a six-year $600 million […]
An investigation by The New York Times has found that violations of the US’s Clean Water Act have increased in recent years, and that the majority of violators are not punished. The Clean Water Act regulates more than 100 pollutants. The Safe Drinking Water Act (SDWA) sets limits for 91 chemicals or contaminants in tap […]
Evidence that the EU-12 will continue to attract FDI, but at a lower rate, is provided by the annual United Nations Conference on Trade and Development’s (UNCTD) World Investments Prospects Survey (WIPS). Conducted between February and May, the WIPS is based on 241 responses and 20 interviews with executives at large, nonfinancial, transnational corporations. As […]
Despite extreme market volatility, the Dow Jones Industrial Average, S&P 500 and NASDAQ ended the month up 2.3%, 3.6% and 5.6%, respectively. For most of September, the US equity markets were bolstered by the declining US dollar and optimistic statements by the Federal Reserve. In addition, several economic indicators for August, such as industrial production, […]
The second of IBO’s biannual new laboratory roundup primarily focuses on pharmaceutical and biological research. Despite the effects of the global economic downturn, a number of new pharmaceutical and consumer goods testing labs have been announced or completed in China with both government and private support. In the US, although a number of private pharmaceutical […]
The holy grail of medical analytical technologies is an instrument into which a clinician can put a drop of blood or saliva that quickly and accurately reports back any and all diseases a person may have. Although there have been major performance advancements in MALDI-TOF instrumentation in recent years, there is still significant need for […]
Company Announcements Anton Paar GmbH announced that it will not participate in Pittcon 2010, but will take part in Analytica next year and Pittcon in 2011. Teledyne Tekmar partnered with FernCreek Technologies in June for distribution in the Pacific Northwest region of the US. Halma Health and Analysis’s sales for fiscal 2009 ended March 31 […]
Company Announcements Nano-photonics firm Moxtek and Philips Research are collaborating to develop a wire-grid glass microarray chip for improved accuracy that would not require a washing step and would perform hybridization and detection in parallel. Under an OEM agreement, InforSense is providing data analysis and visualization functionality for febit’s Geniom flexible microarray platform. Susan D. […]
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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.

