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The country may be experiencing the deepest recession in the Eurozone, but 32 technology companies in Ireland are bucking the trend, according to a new survey.

It’s no great revelation that the biotech funding model is broken, yet the market for the industry’s drugs has never been greater. So where is the fix, asks Nuala Moran.

Whatever its shortcomings, FP7 has attracted a good response from researchers, says a progress report on its first two years.

The EU has made a call for greater transparency and accountability in running the Internet when the current system comes to an end in September.

Sanofi-aventis has opened its BIOLAUNCH project in France, where it plans to invest €200 million to develop biotech expertise.

The business angels network Oxford Investment Opportunity Network has enjoyed a record breaking time, investing £3.15 million in 15 companies.