Science|Business Reporting

The Psychiatric Research Institute of Neuroscience (PsyRing) in Glasgow, Scotland, is on a commercialisation drive.

DePuy Inc, the company that claims to have pioneered the hip replacement, is to set up an Innovation Centre with backing from the Irish Development Agency.

The European Commission has ordered Italy to pay back €270M of loans for aeronautics R&D after rules on state aid were broken.

There was no headway towards the Lisbon target of spending 3 per cent of GDP on R&D, according to the latest figures from Eurostat.