Industry Analysis & Industry Trends
Biotechnology is becoming an increasingly important part of product development in a variety of industries. While genetically modified products remain controversial, attitudes are expected to begin to change, with the increasing acceptance of the process within agricultural industries and across other sectors.
Biotechnology companies are often spin-offs of research started in higher education, public and not-for-profit research organisations. While a large amount of biotech research and development is funded by selling company stock or from interest income, research in the industry is largely funded by government and non-profit organisations. Nonetheless, the private sector is increasing its contribution... purchase to read more
Industry Report - Industry Analysis Chapter
An increasingly important component of the life sciences industry is the biotechnology industry, which is now in its third decade. As it stands today, the industry is comprised of a range of players from small start-ups to commercially viable operations selling biotech products both domestically and in key international markets. In addition to the growing number of biopharmaceutical companies using new technology platforms to focus on unmet needs in the human health segment, biotech companies are also taking advantage of converging technologies to develop new applications within agricultural markets, industrial processes and the environment. These include environmental remediation and resource efficiency applications... purchase to read more