bio web

The Organisation for Economic Co-operation and Development (OECD) defines biotechnology as "the application of science and technology to living organisms, as well as parts, products and models thereof, to alter living or nonliving materials for the production of knowledge, goods and services." The European Commission specifically includes biotechnology as one of the Key Enabling Technologies, which play a vital role in driving prosperity through global competitiveness and creating dynamic knowledge-based economies capable of sustainable economic growth and highly skilled jobs. Similarly, the EC explains: "Chemistry and new sustainable chemical materials and technologies are of paramount importance… to improve the qualify of our life [for] all of us."

We see tremendous potential in biotechnology & chemistry - especially in research, development, and commercialization of innovative technologies for the prevention, diagnosis, treatment, and cure of diseases and disorders in humans, animals, and plants. This includes technologies in the following areas:

  • Non-prescription drugs, therapeutics and cosmetic agents
  • Diagnostics
  • Medical devices
  • Prescription pharmaceuticals and vaccines
  • Agricultural applications (e.g., technologies to improve plant resistance)
  • Industrial applications (e.g., water pollution control and abatement technologies)