Lecture 2 - 8/23/2011 Biotechnology Research &...

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8/23/2011 1 Biotechnology Research Industry Overview Development Costs, Time PHAR 6010 Biotechnology Industry • The biotech industry has mushroomed since 1992, with U.S. health care biotech revenues from publicly traded companies rising from $8 billion in 1992 to $58.8 billion in 2006. • At the end of 2006, there were 1,452 biotech companies in the U.S., of which 336 were publicly held. Source: Biotechnology Industry Facts; Biotechnology Industry Organization; www.bio.org
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8/23/2011 2 Biotechnology Industry • There were 180,000 employed in the U.S. biotech companies in 2006. • Market capitalization, the total value of publicly traded biotech companies (U.S.) at market prices, was $360 billion as of April 2008. Source: Biotechnology Industry Facts; Biotechnology Industry Organization; www.bio.org Biotechnology Industry • Biotech companies invested an estimated $58.8 billion in R&D in 2007. Source: 2008 Biotechnology Report: Medicines in Development; www.phrma.org
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8/23/2011 3 CBER Products • Allergenics • Blood • Gene Therapy • Human Tissue and Cellular Products • Vaccines • Xenotransplantation Regulatory Submissions •IND •ID E •B L A • 510(k)s:
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8/23/2011 4 Devices Reviewed by CBER • Medical Devices Related to Licensed
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This note was uploaded on 01/01/2012 for the course PHAR 6010 taught by Professor Mullis during the Spring '11 term at University of Georgia Athens.

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Lecture 2 - 8/23/2011 Biotechnology Research &...

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