Increasing potential to grow based on new available technology
This page is being edited by Susan Liu EMBA09. In case of any questions/remarks contact me.
Description
The biotech industry are today only at the beginning of a long journey. Groundbreaking discoveries have been made in recent years (e.g. the mapping of the human DNA). The challenge for the industry is now to be able to transform the knowledge into successful drugs.
Enablers
• Biotech technology is in the embryonic stage
• New technologies will allow more cures
• Human genome (mapping of the human DNA) allows new cures
• Increased availability of basic research
. internet
. medicaland/pharmecutical assoications
Inhibitors
• Transforming new technology into usable human treatments is very difficult
• Patents
• Giant Corporations
Paradigms
At the state of the T-Ford! We are at the start of a journey to understand human DNA.
Experts:
Timing:
Web Resources:
http://www.physicspost.com/articles.php?articleId=197&page=2