In 2009, the Chinese central government spent $18.75 billion on healthcare up 50 percent year over year. For 2010, spending is forecast at $20.36 billion, which would be an 8.8 percent increase year over year

Google announces an addition to Google Labs - the Public Data Explorer. The purpose of the new tool, Google says on the new lab's page, "The Google Public Data Explorer makes large datasets easy to explore, visualize and communicate

Eli Lilly will earn $1 million up front as part of a licensing deal for a series of its preclinical diabetes compounds with Transition Therapeutics.The agreement gives Transition exclusive, worldwide rights to develop and commercialize the compounds.

Kalgene Diagnostics and Precision Therapeutics receive funding from ParteQ Innovations

Express Scripts Inc., the big St. Louis pharmacy-benefit manager, is about to test an electronic pill container that issues a series of increasingly insistent reminders, in a national study among patient members. The GlowCap gives electronic reminders and collects data on habits. The container-actually a high-tech top for a standard pill bottle called a "GlowCap"-is equipped with a wireless transmitter that plugs into the wall. When it is time for a dose of medicine, the GlowCap emits a pulsing orange light

whitepaper on investment sources for medical research

AstraZeneca has made its social-media pitch to the FDA. In response to the agency's call for comments on new rules for online marketing and communications, the drugmaker outlined some ways interactions with customers--and potential customers--might be governed. Read more: http://www.fiercepharma.com/story/az-pitches-social-media-rules-fda/2010-03-02?utm_medium=nl&utm_source=internal#ixzz0h2feB1qq

The Small Business and Tourism Branch has produced, in collaboration with professors Eileen Fischer (York University) and Rebecca Reuber (University of Toronto), a report that provides a portrait of the state of entrepreneurship in Canada. It charts entrepreneurial activity in Canada over time and compares it with leading countries. Entrepreneurial performance indicators observed include: birth and death rates, survival rates, high-growth firms and gazelles, and research and development expenditures. Furthermore, the report provides a profile of the owners of Canadian small and medium-sized enterprises (SMEs) because important entrepreneurial activity takes place within these firms. Finally, the report identifies areas of strength, areas for improvement, and important areas that cannot currently be addressed.

The Chinese government has pledged that 15 percent of its energy will come from renewable sources by 2020. To that end, China announced a contract with California's eSolar to build one of the biggest solar plants in history. Bill Gross, CEO of eSolar, discusses the project.

Entrepreneurship, Innovation and Commercialization of Intellectual Property