In 2013, Turkey’s gross domestic expenditure on R&D (GERD) was TRY 14.8 billion ($7.8 billion), an increase of 13.4%. GERD as a percentage of GDP was 0.95%. Business enterprises, higher education and the public sector accounted for 48%, 42% and 10% of spending, respectively. Business, the government, higher education, other national sources and foreign funds […]
In 2013, business R&D spending in the UK was £18.4 billion ($28.8 billion), up 8%, to account for 1.1% of GDP. Civil and defense R&D expenditures were £16.7 billion and £1.7 billion, up 8% and 7%, respectively. Spending by foreign-owned business increased 11%, accounting for 54% of total R&D. Of the product groups selected by […]
Based on “The Nature Index,” which tracks research articles published in a group of journals chosen by a group of scientists, Israel contributed the most scientific research papers in 2013 of countries in West Asia. At more than 1,000, Israel’s article count (AC), the number of articles with at least one author from the country, […]
The global market for pharmaceuticals is expected to rise from $989 billion last year to $1,280–$1,310 billion by 2018, including the impacts of exchange-rate variability. Growth between 2014 and 2018 is expected to peak at 7% in 2014 due to the US. The combined annual growth rate (CAGR) for the US market from 2014 to […]
Of the $22.5 billion the NIH spent to support research In 2013, more than $5.7 billion was for indirect costs. Universities, nonprofits and hospitals received $3.9 billion, $611 million and $550 million, respectively, of this amount. Indirect costs are not linked to any specific project and are often for administrative and facilities expenses. The costs […]
A study benchmarking food-safety performance in 16 countries of the Organization for Economic Co-operation and Development ranked Canada first, followed by Ireland and France. The study assessed safety performance with 10 indicators comprising three categories—science-based risk assessment, policy- and commercially based risk management, and risk communication and information exchange. The science-based indicators included chemical and […]
Encouraging economic data and corporate-earnings reports lifted US equity markets to new highs in November. Following 4.6% growth in the second quarter, US third quarter GDP growth was revised upwards 40 basis points to 3.9% due to strong consumer spending. However, weaker-than-expected capital-goods orders and a spike in US jobless claims, coupled with slow manufacturing […]
St. Louis, MO 11/3/14; Washington, DC 11/3/14; Washington, DC 11/25/14—Sigma-Aldrich has announced that it will hold a special stockholder meeting on December 5 to vote on Merck KGaA’s proposed acquisition of the company (see IBO 9/30/14). In addition, Sigma announced an agreement to settle one of three putative class-action suits brought by shareholders against the […]
Oberkochen, Germany 11/13/14—ZEISS has announced that it plans to reduce costs in its Microscopy business, according to a Google translation of a German press release from the company. The aim is to save at least $100 million in the medium term and to increase profitability and competitiveness. Three-quarters of the savings will come from fixed […]
Waltham, MA 11/24/14; Stockholm, Sweden 11/24/14—PerkinElmer has agreed to acquire Perten Instruments from Valedo Partners Fund, the Perten family and key staff of Perten for $266 million. Perten develops and markets instruments, a food-quality-calibration database and ancillary services for advanced QC of food, grain, flour and feed. Based in Stockholm, Sweden, Perten has annual revenues […]
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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.
