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The Business of Biotechnology is an abridged edition of Building Biotechnology, a more advanced text widely used by biotechnology courses. This streamlined version presents a broad, accessible, and comprehensive overview of the business of biotechnology. The combined influences of scientific, legal, regulatory, political, and commercial factors shaping the biotechnology industry are defined and described, enabling you to understand and profit from the expanding influence of biotechnology.
New discoveries and technologies continue to expand and extend the applications and appeal of biotechnology, enabling those in previously unrelated fields to profit from the expanding influence of biotechnology. Biotechnology has improved crop yields, drastically reduced the need for pesticides, and created nutritionally-enhanced foods. Biotechnology also shows great promise for industrial processes: increasing efficiencies of existing processes, reducing waste generation, and enabling unprecedented new possibilities.
This book presents a history and overview of the biotechnology industry, explaining the scientific, legal, regulatory, political, and commercial factors that shape and define the industry. Armed with this understanding of the drivers of the biotechnology industry and an appreciation of the applications of biotechnology, you are equipped to profit from the expanding influence of biotechnology.
This book is presented in five sections: a general introduction; the science of biotechnology; legal, regulatory, and political issues; the business of biotechnology; and a conclusion. The scientific, legal, regulatory, and political issues are presented prior to the business fundamentals because in order to understand the business of biotechnology it is necessary to first understand how the convergence of these factors defines the biotechnology industry. The final section ties together the material from the previous four sections and includes investment and career development strategies. A comprehensive set of appendices follows, containing Internet links, an annotated bibliography, and a detailed glossary.
Several special considerations have been included to promote accessibility. Individual biotechnology companies and products are referenced in different examples and anecdotes to reinforce the concepts presented. Extensive cross-references are also included throughout the text for those readers taking a "cafeteria-approach" and reading the chapters out of sequence. The annotated bibliography and detailed glossary facilitate continued learning by interested readers.
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