Portuguese businessman António Champalimaud surprised his family when his will, opened after his 2004 death, revealed that he was bequeathing 
500 million ($690 million), about a quarter of his estate, to establish a foundation for applied biomedical research. He also surprised law professor and one-time Portuguese Health Minister Leonor Beleza, whom he named to lead the foundation. Beleza, who met Champalimaud just once, agreed in principle to run his proposed foundation during a phone call in 2000 but did not hear any further until his death. She has now returned from a global tour of medical research institutions and foundations lasting over a year to determine how best to spend Champalimaud’s millions. Continue reading Straight talk with…Leonor Beleza
Tag Archives: Policy
Sugar beets still in the game
Seed producers will be allowed to plant biotech sugar beets again following a September decision from the United States Department of Agriculture’s crop approval arm to allow planting under interim guidelines. The Animal and Plant Health Inspection Service (APHIS) will issue limited permits to seed developers authorizing genetically modified (GM) beet planting this fall as long as the harvested beets are not allowed to flower. The permits are a legal way around a federal judge’s 13 August decision to ban all commercial farming of Monsanto’s Genuity Roundup Ready sugar beets beyond that date. Continue reading Sugar beets still in the game
EC woos SMEs
The European Commission (EC) is inviting biotech firms to apply for research grants, if partnered with academia. For the first time, a quarter of the biotech-specific grants will require the participation of small and medium enterprises (SMEs). The EC plans to hand out €240.3 million ($310.2 million) in direct research grants in 2011, up 26% from the €190 million ($245.3 million) this year. Continue reading EC woos SMEs
Solar incentives cut
Spain is the latest European government to reduce state incentives for solar power, after its industry ministry on 1 August confirmed cuts to feed-in tariffs — the price an electricity utility must pay to generators of solar energy. A draft law, now under review with the national energy regulator CNE, would cut subsidies by 45% for new large, ground-based photovoltaic plants, and by 25% and 5% for large or small roof-top panels, respectively. Existing plants might also have their subsidies cut, once the law’s details are clarified later this year. Germany and Italy have also announced solar subsidy cuts this year.