R&D spending by the 1,400 firms in the 2011 “EU Industrial R&D Investment Scoreboard” increased 4.0% to €455.97 billion ($600.0 billion) in fiscal 2010, compared with a 1.9% decline in fiscal 2009. Fiscal 2010 sales for the firms grew 9.4%, after declining 10.1% the year before. The Scoreboard consists of 400 EU firms and 1,000 […]
Turkey’s gross domestic R&D expenditure (GERD) as a percentage of GDP was 8.4% in 2010, down slightly from 8.5% in 2009. In total, GERD by the business sector, public sector and universities grew 14.6% to TRY 9,268 million ($6.17 billion). In 2010, 46% of R&D was performed by the higher education sector, 43% was performed […]
The World Steel Association’s October 2011 short-range outlook predicts that worldwide apparent steel use, which it defines as steel deliveries from domestic producers and importers and not from inventories, will increase 6.5% to 1,398 million metric tons (mmt) in 2011, down from 15.1% growth last year. Global steel demand should grow 5.4% in 2012. China […]
Among the issues raised in a November report by the US Department of Energy’s (DOE) Office of Inspector General reviewing management challenges for fiscal 2012 was the cost of DOE labs. The report recommends the creation of an independent commission to analyze the DOE’s R&D lab complex. The DOE spends $10.4 billion annually to run […]
From 2010 to 2011, 10 of the 12 drug firms that spend the most on R&D had declining Internal Rates of Return (IRR), which is the return firms expect on investment. The firms were Pfizer, Sanofi, Takeda, Roche, AstraZeneca, Merck, Novartis, GlaxoSmithKline, Amgen, Eli Lilly, Johnson & Johnson and Bristol-Myers Squibb. The collective IRR for […]
For most of November, global equity prices slumped due to heightened apprehensions over European sovereign debt and unsustainable Treasury bond yields for those debt-ridden countries. In the US, positive economic data for the consumer sector and manufacturing was overshadowed by Europe and uncertainty surrounding the Congressional budget reduction. However, amid the anguish, the Federal Reserve […]
Sulfur is one of the most highly regulated elements. When a fuel containing sulfur is oxidized, sulfur dioxide is produced and released into the atmosphere. In addition to its direct health effects as a gaseous pollutant, sulfur dioxide in the air can be transformed into sulfuric acid. Even if the sulfur does not reach the […]
Bad Ragaz, Switzerland and Syracuse, NY 11/15/11—INFICON has acquired the assets of Photovac, a developer and manufacturer of detection equipment for volatile organic compounds. Financial details were not disclosed. Based in Waltham, Massachusetts, Photovac’s products include portable and rack-mounted instruments for photoionization detection (PID), flame ionization detection (FID) and GC. The products will join INFICON’s […]
Santa Clara, CA 11/17/11—Agilent Technologies has named Ron Nersesian executive vice president and chief operating officer, effective immediately. Mr. Nersesian has been president of the company’s Electronic Measurement Group since 2009. The presidents of Agilent’s three businesses will report to him. Guy Séné, vice president of the Microwave and Communications division of Electronic Measurement, has […]
Venlo, The Netherlands 11/28/11—QIAGEN has announced an effort to streamline its organizational structures that will result in an 8%–10% reduction in its 3,800-person workforce. Actions include the elimination of duplicate global, regional and local activities; the discontinuation of certain R&D programs in order to focus on high-growth areas; improved site utilization; and the expansion of […]
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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.
