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In a time of uncertainty, venture capitalists are shifting from biotech to the lower-risk, lower-reward field of MedTech.

The publicly funded Science Foundation Ireland is currently defining its new strategy for the 2009-2013 period and is seeking comments on its plans.

European Space Agency is to open a research facility at the Harwell Science and Innovation Campus in the UK, to focus on researching space robotics and climate change.

Academic entrepreneurs from across Europe were named last night as the winners of the inaugural Academic Enterprise Awards 2008, at a ceremony in Stockholm, Sweden.

US genomics firm Myriad Genetics regains limited rights to BRCA1 breast cancer gene on final appeal.

Select companies can still find funding from venture capitalists and the public market; others are using the depressed economy to cut costs.