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The latest Innovation Scoreboard shows Europe is far short of its 2010 target of boosting R&D spending to 3 per cent of GDP.

Nursing the global financial system back to health will not be the solution. Let science be the source of the green shoots of recovery, writes Nuala Moran.

As if underlining the judges’ decision, Karolinska Development, founded by Hans Wigzell, has shone light in the financial gloom, closing a big funding round.

A pan-European project to develop standards for the collection of samples for use in diagnostics has been launched as part of Framework Programme 7. The project aims to increase accuracy and safety, and to create a single market for diagnostics products.