Since IBO’s recent article on 2015 economic forecasts (see IBO 1/15/15), the International Monetary Fund (IMF) has issued a revision of its October 2014 “World Economic Outlook.” According to the update, which was released earlier this month, the factors influencing the change are the drop in oil prices, the economic downturn in major economies other […]
The Chinese government has outlined plans to promote innovation and streamline administration of science and technology programs. According to Zhao Lu of the Ministry of Finance, the plan would affect more than 90 programs with total funding of more than $13.1 billion. The programs are now administered by over 40 government bodies, according to the […]
In 2013, R&D spending in Spain totaled €13,012 million ($17,349 million), down 2.8%. R&D accounted for 1.2% of GDP, a drop of three-hundredths of a percentage point. The business sector performed 53% of R&D. Higher education, public administration and private nonprofits performed 28%, 19% and less than 1%, respectively. Business, higher education and public administration […]
A December 2014 survey of 704 senior executives based in Asia found that they expect higher revenue growth for their firms in 2015 in Asia (including Australia and New Zealand). The fastest growth is expected in China, Southeast Asia and India, at 10.1%, 9.3% and 8.8%, respectively. For the chemical industry, the highest expected rates […]
A new forensics technique, DNA phenotyping, is being employed to assist in creating suspects’ picture profiles, using SNPs associated with differences in appearance. The technique is still in development, and additional research is needed to resolve traits such as facial shape and, with epigenetic information, a suspect’s age. Eye color and hair color can be […]
In 2014, investment in clean energy totaled $310 billion, an increase of 16%, despite the fall in oil prices. Investment in R&D by governments and corporations totaled $14 billion and $15 billion, respectively. Investment in solar- and wind-energy rose 25% and 11% to $149.6 billion and $99.5 billion, respectively. Investment in “energy smart technologies,” such […]
In his fiscal 2016 budget, US President Barack Obama has proposed $215 million to fund the Precision Medicine Initiative. Of the total, $130 million would be for the NIH to gather at least one million volunteer research participants. The National Cancer Institute would receive $70 million to increase its efforts to discover genetic determinants of […]
Similar to a year ago, US equity markets contracted sharply in the first month of 2015. The Dow Jones Industrial Average, S&P 500 and NASDAQ fell 3.7%, 3.1% and 2.1% in January, respectively. While the markets recovered in 2014, equity prices in 2015 may face greater resistance, perhaps marking the end to the long equity […]
Tucson, AZ 1/27/14—Protein Technologies, a supplier of peptide synthesizers and reagents, has filed suit against Peptide Solutions in the Superior Court of Arizona. Allegations include breach of contract, breach of fiduciary duty, misappropriation of trade secrets and proprietary information, and tortious interference. Protein Technologies stated that the complaint alleges the theft and usage of its […]
Boston, MA 1/12/15—GC and LC supplier DANI Instruments has acquired Spectra Analysis Instruments (SAI) for an undisclosed amount. SAI develops and manufactures solid-phase IR spectroscopy detectors for GC and LC instruments. With the acquisition, Italy-based DANI will open a US operation headquartered at SAI’s site in Marlborough, Massachusetts, and will sell directly in the US. […]
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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.
