The News Net


news net2In this edition of the News Net: positive news for the biotech sectors in France and the UAE, India is looking for a few good companies, and the Harlem renaissance continues.

  • The Nature News Blog recaps a report on the French biotech sector showing signs of recovery. Funding was up last year, and the number of new biotech companies created rose from 24 in 2011 to 35 in 2012, while the number of closures fell from 25 to 14. Read the story here.
  • India’s Department of Biotechnology is seeking proposals from companies needing R&D funding. Under its Small Business Innovation Research Initiative scheme, the DBT will support start-ups and SMEs with phase I and II funding. More details in Pharmabiz.
  • The National reports on the United Arab Emirates’ first-time inclusion in the Scientific American Worldview Report and Bio-Innovation Scorecard. The UAE leads the Arab world in biotech, ranking 40th in the world behind China and just ahead of Russia. Read all about it here.
  • Uptown Manhattan continues its economic rise as the Harlem Biospace opens in a converted factory building. The brainchild of Columbia University biomedical engineering professor Sam Sia, the incubator will host research facilities for up to 24 early-stage biotech companies. Full details in the NY Daily News.

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