Building Biotechnology : Starting, Managing, and Understanding Biotechnology Companies

Biotechnology inventions, products, and resource needs are changing paradigms in healthcare, agriculture, and industrial processes. Because of the growing opportunity and spreading influence of biotechnology, business professionals in many fields find themselves challenged to understand the biotechnology industry. The maturity of enabling technologies, availability of eager capital, and market demand, also motivate scientists to commercialize their discoveries.

Building Biotechnology enables business professionals and entrepreneurial scientists to understand the biotechnology industry, its drivers, opportunities and strategies for commercial success:

- Fund and assemble a company
- Manage research & development, alliances, and funding
- Understand the legal, regulatory, political, commercial, and scientific factors influencing biotechnology
- Invest intelligently in biotechnology stocks
- Cultivate a career in biotechnology, with or without a Ph.D. or MBA

Informative, clear, and highly accessible, Building Biotechnology should be required reading for anyone looking to capitalize on the expanding influence of biotechnology.

As biotechnology changes paradigms in medicine, agriculture, and industrial processes, there is a pressing need for cross-trained individuals capable of developing new innovations and bringing them to market. Building Biotechnology helps readers start and manage biotechnology companies and understand the business of biotechnology. This acclaimed book describes the convergence of scientific, political, regulatory, and commercial factors that drive the biotechnology industry and define its scope. Building Biotechnology is designed to meet the following needs:

* Many seasoned business professionals, even those within biotechnology companies, are eager to apply their skills to biotechnology but are challenged to understand how the industry operates.

* Many entrepreneurial scientists are eager to realize the commercial potentials of their inventions and ideas but are unfamiliar with business development.

* Many interested readers are frustrated by the lack of books describing commercial aspects of biotechnology. This second edition significantly expands upon the foundation laid by the first, updating case law and business models in this dynamic industry and adding significantly more case studies, informative figures and tables. Most importantly, Building Biotechnology enables seasoned business professionals and entrepreneurial scientists alike to understand the drivers of biotechnology businesses and apply their established skills for commercial success.