Difference between revisions of "Struggling old world economy"
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==Description== | |||
The biotech industry is still very much dependant on funding, to support expensive R&D projects and to maintain growth. This means that the industry is very vulnerable to the economic situation in the world. Furthermore, if e.g. private investors start looking at other investment areas, or if government funding is needed elsewhere, many biotech companies will find themselves in trouble. | |||
==Enablers== | |||
• Biotech industry seen as instrument to fight struggling economy<br> | |||
• Increased government and venture capital<br> | |||
• Lowered production costs<br> | |||
==Inhibitors== | |||
• Expensive biotech R&D prevents further development<br> | |||
• Global Flu pandemic requires R&D dollars to be spent outside biotech<br> | |||
• Other interesting investment opportunities<br> | |||
• Biotech drugs very expensive<br> | |||
==Paradigms== | |||
Economic downturns will force us to focus on current problems, not investing in solving future ones. <br> | |||
==Experts:== | |||
<br> | |||
==Timing:== | |||
<br> | |||
==Web Resources:== | |||
Revision as of 13:45, 2 December 2005
Description
The biotech industry is still very much dependant on funding, to support expensive R&D projects and to maintain growth. This means that the industry is very vulnerable to the economic situation in the world. Furthermore, if e.g. private investors start looking at other investment areas, or if government funding is needed elsewhere, many biotech companies will find themselves in trouble.
Enablers
• Biotech industry seen as instrument to fight struggling economy
• Increased government and venture capital
• Lowered production costs
Inhibitors
• Expensive biotech R&D prevents further development
• Global Flu pandemic requires R&D dollars to be spent outside biotech
• Other interesting investment opportunities
• Biotech drugs very expensive
Paradigms
Economic downturns will force us to focus on current problems, not investing in solving future ones.
Experts:
Timing: