BIO-ERA Announces New Multi-Client Study on the Economic Impacts of Advancing Biotechnologies
Bio Economic Research Associates, announced the launch of a multi-client study entitled "Genome synthesis and Design Futures: How Will biotechnology Advances Affect Our Future Economy?"
There is an explosion of new life-sciences applications underway, with potentially dramatic economic and societal benefits, implications and consequences. It is now plausible that within the next ten to twenty years, an individual may be able to specify the genome of a complex organism, communicate the genome sequence to a distant laboratory via the internet, and have the coded organism created and delivered in the mail within a matter of days or weeks. Mail order genes are already a reality in the marketplace, and mail order genomes may not be far behind.
The multi-client study will concentrate on the economic implications of rapid advances in fundamental enabling biotechnologies, including genetic sequencing and synthesis technologies, new approaches to manipulating and designing genomes, such as the emerging field of "Synthetic" biology, and new paradigms for managing and licensing intellectual property in biotechnology, such as PIPRA, "open-source" and "community-source" source approaches.
The goal of the study is to:
- increase understanding of the major economic impacts of advances in enabling biotechnologies
- identify in advance key implications for business and industry, financial markets, governments, and investors
- generate new insights, recommendations, and public/private alliances to capitalize on these advances within the global business community
Participants are expected to include major companies, investors, business planning analysts, and government officials with significant interest in rapidly evolving biotechnologies.
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