07.12.2012 - According to the 2011 EU Industrial R&D Investment Scoreboard, the 400 leading European companies invested about €132bn, a plus of 6.1% over 2009.
R&D investment by top EU companies recovered strongly in 2010. The annually published Scoreboard collects information on the top 1000 EU companies and 1000 non-EU companies investing the largest sums in research and development. What seems to be a positive trend as a first glance, shows some worrying trends at closer inspection. The study, which was commissioned by the European Commission, has shown that EU companies as a whole are lagging behind major competitors from the US and some Asian economies on R&D growth. While EU-based companies increased R&D expenditures by 6.1%, US-companies have spent 10% more. The increase was even larger in Taiwan (17.8%), South Korea (20.5%) and China(29.5%).
The global top 50, in terms of total R&D investment, includes 15 EU companies, 18 US firms and 13 from Japan. Two pharmaceutical companies occupied the top spots: Roche from Switzerland (€7.2bn) followed by Pfizer from the US (€7bn). A ray of light: A poll with some 190 mainly larger EU-companies surveyed in the Scoreboard revealed that they expect to maintain robust R&D investment increases (average 4% p.a.) over the next three years. This could be seen as a positive and stable trend for R&D investment growth, as observed before the 2008 economic and financial crises.
The Pharmaceuticals & Biotechnology sector has strengthened its position as the largest sector for R&D, its expenditures grew by 6.2% in 2010, slightly more than in 2009. The other two top sectors, Technology Hardware & Equipment and Automobiles & Parts are recovering from the significant reductions observed in the past Scoreboard (from -6.4% to 3.5% and from -11.6% to 0% respectively). Interestingly, all three sectors increased net sales more than they increased R&D investments.
Máire Geoghegan-Quinn, Commissioner for Research, Innovation and Science sees room for further improvement. „We need quick adoption and implementation of recent and up-coming European Commission proposals on the unitary patent, on standards, public procurement and risk capital“, she said.
26.08.2016 Adocia said it would discontinue its diabetic foot ulcer programme after its lead product BioChaperone PDGF disappointed in Phase III. The French company will turn the focus on its earlier-stage products.
24.08.2016 Pharma major Pfizer is putting the cherry on top of its multi-billion-dollar takeover of Medivation with the acquisition of AstraZeneca’s antibiotics for a cool US$1.5bn. With the divestment, AZ aims to further sharpen its focus.
23.08.2016 Cambridge University-allied investor Cambridge Innovation Capital has raised £75m (€87m) to reinvest in technology and healthcare companies. Among the backers were Woodford Investment and Winton Ventures.
19.08.2016 Together with partner Johnson & Johnson, Danish biotech Genmab is now one step closer to FDA approval with its combination treatment for multiple myeloma after its submission of a supplemental Biologics License Application. In July, Genmab was granted a Breakthrough Therapy Designation (BTD) for its blood cancer therapy.
17.08.2016 Philip Hammond, the UK’S chancellor has announced the government will guarantee funding for EU-backed "structural and investment fund" projects whose timelines extend beyond the UK’s departure from the EU, provided the projects are signed prior to this year's Autumn Statement on the UK budget. The decision ensures continued funding for farmers, companies and institutions involved in the EU’s Horizon 2020 project. The move could cost the UK government up to £6bn (€6.9bn).
15.08.2016 Back in April, the American FDA gave the green light for the colorectal cancer-screening test Epi procolon. Now Berlin-based diagnostics specialist Epigenomics is considering a secondary listing in the US. A draft of the required registration document was confidentially submitted to the US Securities and Exchange Commission (SEC).
09.08.2016 Hungarian Gedeon Richter and Irish Allergan are staying on course in the face of dissappointing Phase III results for depression drug cariprazine. The partners will now begin another Phase III study needed for approval.
08.08.2016 Araclon Biotech’s Alzheimer’s vaccine ABvac40 is going forward into Phase II after showing a good safety profile in Phase I. The promising trial results were presented at the Alzheimer’s Association International Conference.
FILTRODISC™ BIO SD is a filtration system which removes particles (e.g. cells, bacteria, yeast), impurities (e.g. HCP, DNA) and other turbid matter from process liquids (e.g. fermentation broths). more