China

The US biotechnology industry has gone through more than three years of sustained IPO financings, but that news isn’t all rosy for the industry.

Finland and China have launched a joint cooperation programme for nanotechnology research and development, as a stepping stone to build a relationship in the field between China and the EU.

Chinese officials warn that people may be overestimating how much the country spends on R&D.

The OECD's "Science, Technology and Industry Outlook" for 2006 predicts that China will become world’s second highest investor in R&D by the end of the year. Europe, meanwhile, gets left behind in its "R&D intensity".

Once considered synonymous with British manufacturing prowess, ICI has announced a major investment in R&D in China.