Technology Transfer: From Invention to Innovation pp 161-170 | Cite as
The Future of Research within the Biotechnology Revolution
Abstract
During the last 20 years, there has been considerable progress in the contribution made by novel medicines to healthcare, but there are still major, unmet challenges to face in selecting and delivering optimum healthcare strategies. Biotechnology, and in particular genomics R&D, will aid our understanding of the disease processes underlying both single gene disorders and multifactorial disease. In consequence, we will be better placed to develop curative rather than symptom-relieving drugs. This will be revolutionary. In addition to the value for the patient, there are significant economic benefits to be gained from a new approach to drug discovery. The annual cost of uncured diseases in the US is estimated at.$100 billion or more each for Alzheimer’s disease, diabetes, cancer and cardiovascular disease; $40–50 billion each for arthritis and depression and $20–30 billion each for osteoporosis and stroke.
Keywords
Technology Transfer Biotechnology Company Single Gene Disorder Informational Service Philips Research LaboratoryPreview
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