- Analysis: U.S. life science R&D spending will grow to $189.3B in 2013
The U.S. life science sector is expected to spend $189.3 billion in research and development in 2013, up from $181.6 billion this year, driven by improved access to data, according to an analysis by Battelle and R&D Magazine. Out of the 275 life science firms that responded to a survey, a majority anticipate their R&D investment to grow over 2012 and 40% said they would participate in more collaborative research next year. MedCityNews.com (12/19)  | Get the tools and flexibility you need to manage your business: • The ability to set an individual credit limit for each employee card • Access to a CitiBusiness 24-hour Personal Business Assistant to help with travel, hotel and dining arrangements and more • Annual and Quarterly Account Summaries online to track business spending by employee, spending category and amount Learn more. |
  | Health Care & Policy |  |  | | - FDA-approved trial to use telemonitoring, crowdsourcing approaches
A Phase II clinical trial to examine the effectiveness of lisinopril in patients with multiple sclerosis by Transparency Life Sciences was approved by the FDA. The 12-month trial, which is the first to implement both remote monitoring and crowdsourcing techniques, will be performed by the biopharmaceutical startup with telehealth firm AMC Health. MedCityNews.com (12/18) | Company & Financial News |  |  | | | Industry Deals |  |  | | | Food & Agriculture |  |  | | - EFSA supports safety of Monsanto's biotech maize pollen for food use
A European Food Safety Authority panel concluded that Monsanto's MON 810 maize pollen is safe for use "in or as foods." "[T]he genetic modification in maize MON 810 does not constitute an additional health risk if maize MON 810 pollen is to replace maize pollen from non-GM maize in or as food," the panel said. The panel's scientific opinion supports Monsanto's application to bring the maize pollen in the market. FoodNavigator (12/19) | Industrial & Environmental |  |  | | - House, Senate agree to keep Defense Dept.'s biofuels program
The House of Representatives and the Senate have struck a deal to strip a provision from the defense authorization bill that would limit the military's ability to purchase biofuels. "This new compromise language will allow [the Department of Defense] to move forward with its clean energy agenda unscathed," said Stephanie Dreyer, a spokeswoman for the Truman National Security Project. The Hill/E2 Wire blog (12/18) | News from BIO |  |  | | - BIOtechNOW
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