Tag: economics
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Semiconductor Sales Gain in 2011, Decline in 4th Quarter
The Semiconductor Industry Association (SIA) in Washington, D.C. says worldwide semiconductor sales for 2011 reached a record $299.5 billion, an annual increase of 0.4 percent from $298.3 billion recorded in 2010. But sales for semiconductors at the end of 2011 dropped off compared to the same period in the previous year. In the last quarter…
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Ignore the Sticker Shock, Electric Trucks Can Pay You Back
A new MIT study indicates that electric vehicles have the potential to improve the bottom line for many kinds of businesses, in addition to being good for the environment. The findings from the study, conducted by researchers at MIT’s Center for Transportation and Logistics (CTL), were presented last month at the IEEE Power and Energy…
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Sanofi to Cut Genzyme Massachusetts Research Staff
The French pharmaceutical maker Sanofi says it will reduce its research workforce employed in and around Boston, as a result of its acquisition of Genzyme Corporation a year ago. Sanofi confirmed the cuts today in a statement to the industry Web site Fierce Biotech. Genzyme, headquartered in Cambridge, Massachusetts, was acquired by Sanofi last year…
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Maryland Utility to Purchase Solar Contest Winning House
The electric utility company Pepco says it will purchase the WaterShed house that won the 2011 Solar Decathlon contest in October. The house was built by faculty and students at the University of Maryland in College Park, its current location. The 2011 Solar Decathlon pitted 20 teams representing institutions in the U.S., Canada, Europe, and…
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Pharmas, Foundations, Agencies Partner on Tropical Diseases
In London yesterday, the Bill & Melinda Gates Foundation, 13 pharmaceutical companies, three governments, the World Bank and global health agencies announced a new plan to eliminate or control 10 neglected tropical diseases (NTDs) by 2020. The effort announced at an event at the Royal College of Physicians is aimed at 1.4 billion people living…
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Venture Investment for European Companies Drops in 2011
Venture capital declined 14 percent and number of deals dropped 19 percent for European companies in 2011 compared to 2010, with €4.4 billion ($US 5.8 billion) going into 1,012 deals. Industries based on scientific discoveries were among those suffering double-digit percentage declines from the previous year. Dow Jones VentureSource that compiled the data says it…
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$250K Challenge Seeks Post-Hospital Care Ideas
Janssen Healthcare Innovation, a unit of pharmaceutical company Johnson & Johnson in San Diego, is offering a challenge with a total of $250,000 in awards for technology solutions to improve the care for patients discharged from the hospital. The Janssen Connected Care Challenge was announced today by Kimberly Park, a Janssen Healthcare Innovation partner, at the…
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Comparative Research Institute Agenda Posted for Comment
The Patient-Centered Outcomes Research Institute (PCORI) today released for comment a draft of its research priorities and agenda, which it says will guide future funding announcements. The institute, established by the 2010 Affordable Care Act (health care reform law) to fund comparative effectiveness and related research, is accepting comments on the document through 15 March…
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Report: Asia Closing Gap in U.S. R&D Leadership
National Science Foundation’s new report on global research and development (R&D) trends, Science and Engineering Indicators 2012, shows in the last decade, U.S. leadership in research and development has come under severe challenge from China and other countries in Asia. The report from NSF’s policy-making body, the National Science Board, shows between 1999 and 2009,…
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BASF to Move Plant Biotech Work to U.S. from Germany
The German chemical company BASF says it will move much of its plant science R&D work to the U.S. to take advantage of a more favorable regulatory climate than in Europe. The company expects to relocate its facilities in Limburgerhof, Germany and elsewhere in Europe to a new site in Research Triangle Park near Raleigh,…