"e;The biotech industry is a complex, rapidly evolving, and critical industry. The industry holds great commercial and societal promise, but it is also filled with hype, confusion, and risks. Bergeron and Chan do a remarkable job of providing a sweeping insightful, and probing assessment of the current state and likely evolution of this global industry. This book is essential reading for the executive who desires a thorough understanding of this business and its potential."e;--John P. Glasser, Vice President and Chief Information Offers, Partners Healthcare System, Inc. "e;Bergeron and Chan have done a marvelous job integrating many different perspectives to give the reader a coherent road map of the biotech industry for the next decade. This powerful book is anchored by numerous relevant examples that create a framework which any life sciences professional needs to understand. Of particular note is the compelling assessment of the IT industry and its impact on the life sciences as these industries converge."e;--Michael A. Greeley, Managing General Partner, IDG Ventures. An in-depth examination of the growth and financing of the biotechnology industry worldwide Biotech Industry: A Global, Economic, and Financing Overview provides a thorough look at the current state of the biotechnology industry, including where major research is being conducted, where it's being applied, and where money and intellectual capital are flowing. Written by a renowned business columnist and an entrepreneurial scientist in the biotech area, this unique book gives Eos and other senior-level managers an understanding of Asia's pivotal role in the worldwide success of biotechnology commercialization, as well as insight into the biotech market over the next decade.

"The biotech industry is a complex, rapidly evolving, and criticalindustry. The industry holds great commercial and societal promisebut it is also filled with hype, confusion, and risks. Bergeron andChan do a remarkable job of providing a sweeping insightful, andprobing assessment of the current state and likely evolution ofthis global industry. This book is essential reading for theexecutive who desires a thorough understanding of this business andits potential."--John P. Glasser, Vice President and ChiefInformation Offers, Partners Healthcare System, Inc."Bergeron and Chan have done a marvelous job integrating manydifferent perspectives to give the reader a coherent road map ofthe biotech industry for the next decade. This powerful book isanchored by numerous relevant examples that create a frameworkwhich any life sciences professional needs to understand. Ofparticular note is the compelling assessment of the IT industry andits impact on the life sciences as these industriesconverge."--Michael A. Greeley, Managing General Partner, IDGVentures.An in-depth examination of the growth and financing of thebiotechnology industry worldwideBiotech Industry: A Global, Economic, and Financing Overviewprovides a thorough look at the current state of the biotechnologyindustry, including where major research is being conducted, whereit's being applied, and where money and intellectual capital areflowing.Written by a renowned business columnist and an entrepreneurialscientist in the biotech area, this unique book gives Eos and othersenior-level managers an understanding of Asia's pivotal role inthe worldwide success of biotechnology commercialization, as wellas insight into the biotech market over the next decade.

Preface xiAcknowledgments xviiCHAPTER 1Overview 1CHAPTER 2Pharmaceuticals 43CHAPTER 3Medicine and Agriculture 77CHAPTER 4Computing, Biomaterials, and the Military 105CHAPTER 5Infrastructure 142CHAPTER 6Financing 175CHAPTER 7Regional Analysis 217CHAPTER 8Outlook 295Appendix 319Glossary 329Sources and Further Reading 337Index 347