The Laboratory Products Association (LPA) is urging Congress not to decrease federal funding for the National Institutes of Health

How to strategically manage your equipment, supplies, and personnel budget

Setting up a new lab can present many challenges, not least among them is managing your budget.

Pharmaceutical companies, healthcare providers, research organizations, universities, and government agencies are continuously under pressure to cut costs due to a generalized economic downturn. This pressure has moved the procurement process to the forefront, with managers looking to achieve better business performance through more effective management of categories, suppliers, and teams.1

The folks from M2 Scientifics share some tips, in no particular order, for maximizing your lab's budget.

Let’s face it—running a laboratory can be expensive

Writers Richard Harris and Robert Benincasa paint a depressing picture of where U.S. scientific research is heading.