China has seen double-digit growth in its biotechnology industry and has gone from being one of the slowest to one of the fastest nations in the adoption of new biotechnologies. The biotech sector is seen in China and internationally as a core area of national scientific and economic development. The main national biotech body in the country is the China National Center for Biotechnology Development. [1] [2] The CNCBD is an organization established on November 3, 1983, under the Ministry of Science and Technology with the approval of the State Council. CNCBD is the sole national center to coordinate and implement the national S&T program in Biotechnology and Health.[ citation needed ]
The biotech industry in China started in 1984. By 1997, the number of Chinese biotech companies was about 200. In 2000 it was estimated that the number of Chinese biotech companies tripled to 600. In 2005 China's biotechnology industry increased to 900 modern biotech companies. China's biotech industry registered sales totaling US$2.4 billion in 2000, compared with US$31 million in 1986.
China's biopharmaceutical industry is gradually expanding due to such favorable factors as China's rapid economic growth, people's higher income, and increasing understanding of and demand for biopharmaceuticals. The biopharmaceutical industry has begun to play a more important role in the national economy, drawing more attention from investors - both private and public.
With the improvement of the healthcare system and people's rising awareness of disease treatment, more non-conservative treatment methods are used in clinical treatment, which has promoted the development of blood products. Currently, blood products frequently used in clinical treatment include over 20 types, belonging to such 3 sub-catalogues as human serum albumin, immunoglobulin and coagulation factors.
The demand of charged vaccine has increased dramatically with the rising consumption power and health awareness of people so that charged vaccine market is expanding rapidly. Charged vaccine as a supplement to free vaccine program has promoted the rapid growth of domestic vaccine market, the external diagnostic reagent is becoming familiar with people owing to people's deeper understanding of catalogues and curative effect of biological drugs. Nowadays genetic drugs and antibody drugs are replacing the chemical drugs which have many side effects to cure the cancer patients, and this will bring more opportunities for cancer patients to survive.
The import and export volume of China's biopharmaceutical products was 377 million dollars in 2007, increased by 48% as compared with last year. The import volume reached 336 million dollars, which increased by 51% as compared with 2006, and the export volume was 41 million dollars.
The growth rate of export volume in 2007 had declined from the level of 58% in 2006 to 26% in 2007. Although the export of China's biopharmaceutical industry constantly kept a high growth rate, the volume is very small compared with the import volume.
The export volume was only 41 million dollars in 2007 whereas the import volume added up to US$336 million. This sharp contrast indicated that China's biopharmaceutical products accounted for a very low market ratio in the international market.
China's Minister of Agriculture Du Qinglin stated in July 2006 that science and technology should contribute up to 63% of the growth of Chinese agriculture sector by 2020. The minister outlined five areas that will be the focus of China in attempt to take advantage of biotechnology in agriculture, including GM cotton and rice, safe farm products, agricultural equipment, and research institutions.
Approved in 1982 and implemented for three Five-year Plans, the program includes three major issues: agriculture, new and high technologies and social development. The research on biological technologies is focused on agricultural breeding, gene medicine, marine biological products and the industrialization on key technologies.
The program was approved in March 1986 (because of that date it is simply called "863"). Its objective was to develop frontier high technology to narrow the gap between China and developed countries. The program lists biotechnology as one of seven targeted areas. '863' is China's biggest S&T development program. The budget for the 863 program has been raised from RMB 5.9 billion in the past 15 years to RMB 15 billion for the 10th 5-Year-Plan (2001–2005).
Established in 1988, the Torch Program aims to commercialize China's new and high technologies. The program encourages to invest in China's high technology zones.
Established in 1986, the Spark Program was the first program to promote the development of rural economy by relying on science and technology. One of the main contents of the program is the development of high yield, high quality and high effective agricultural products.
Since the start of China's Torch Program in August 1988, 53 "National Science and Technology Industrial Parks" (STIPs) have been approved by the State Council (State-Level Hi-Tech and New Technology Zones). By 2000, there were altogether 20,796 enterprises in the STIPs.
Biotechnology is a multidisciplinary field that involves the integration of natural sciences and engineering sciences in order to achieve the application of organisms and parts thereof for products and services.
The economy of Taiwan is a highly developed free-market economy. It is the 8th largest in Asia and 20th-largest in the world by purchasing power parity, allowing Taiwan to be included in the advanced economies group by the International Monetary Fund. Taiwan is notable for its rapid economic development from an agriculture-based society to an industrialised, high-income country. This economic growth has been described as the Taiwan Miracle. It is gauged in the high-income economies group by the World Bank. Taiwan is one of the most technologically advanced computer microchip and high-tech electronics industries makers in the world.
Labcorp Drug Development presently known as Fortrea is a contract research organization headquartered in Burlington, North Carolina, providing nonclinical, preclinical, clinical and commercialization services to pharmaceutical and biotechnology industries. Formerly called Covance, the company is a spin-off from Labcorp, which employs more than 70,000 people worldwide.
Pharming, a portmanteau of farming and pharmaceutical, refers to the use of genetic engineering to insert genes that code for useful pharmaceuticals into host animals or plants that would otherwise not express those genes, thus creating a genetically modified organism (GMO). Pharming is also known as molecular farming, molecular pharming, or biopharming.
Biocon Limited is an Indian biopharmaceutical company based in Bengaluru, India. It was founded by Kiran Mazumdar-Shaw in 1978. The company manufactures generic active pharmaceutical ingredients (APIs) that are sold in approximately 120 countries, including the United States and Europe. It also manufactures novel biologics as well as biosimilar insulins and antibodies, which are sold in India as branded formulations. Biocon's biosimilar products are also sold in both bulk and formulation forms in several emerging markets.
A biopharmaceutical, also known as a biological medical product, or biologic, is any pharmaceutical drug product manufactured in, extracted from, or semisynthesized from biological sources. Different from totally synthesized pharmaceuticals, they include vaccines, whole blood, blood components, allergenics, somatic cells, gene therapies, tissues, recombinant therapeutic protein, and living medicines used in cell therapy. Biologics can be composed of sugars, proteins, nucleic acids, or complex combinations of these substances, or may be living cells or tissues. They are isolated from living sources—human, animal, plant, fungal, or microbial. They can be used in both human and animal medicine.
The pharmaceutical industry is one of the leading industries in the People's Republic of China, covering synthetic chemicals and drugs, prepared Chinese medicines, medical devices, apparatus and instruments, hygiene materials, packing materials, and pharmaceutical machinery. China has the second-largest pharmaceutical market in the world as of 2017 which is worth US$110 billion. China accounts for 20% of the world's population but only a small fraction of the global drug market. China's changing health-care environment is designed to extend basic health insurance to a larger portion of the population and give individuals greater access to products and services. Following the period of change, the pharmaceutical industry is expected to continue its expansion.
The pharmaceutical industry in India was valued at an estimated US$42 billion in 2021 and is estimated to reach $130 billion by 2030. India is the world's largest provider of generic medicines by volume, with a 20% share of total global pharmaceutical exports. It is also the largest vaccine supplier in the world by volume, accounting for more than 60% of all vaccines manufactured in the world. Indian pharmaceutical products are exported to various regulated markets including the US, UK, European Union and Canada.
Genome Valley is an Indian high-technology business district spread across 2,000-acre (8.1 km2)/(3.1 sq mi) in Hyderabad, India. It is located across the suburbs, Turakapally, Shamirpet, Medchal, Uppal, Patancheru, Jeedimetla, Gachibowli and Keesara. The Genome Valley has developed as a cluster for Biomedical research, training and manufacturing. Genome Valley is now into its Phase III, which is about 11 kms from the Phase I and II with the total area approximately 2,000-acre (8.1 km2).
In chemistry, fine chemicals are complex, single, pure chemical substances, produced in limited quantities in multipurpose plants by multistep batch chemical or biotechnological processes. They are described by exacting specifications, used for further processing within the chemical industry and sold for more than $10/kg. The class of fine chemicals is subdivided either on the basis of the added value, or the type of business transaction, namely standard or exclusive products.
Serum Institute of India (SII) is an Indian multinational biotechnology and biopharmaceuticals company, based in Pune. It is the world's largest manufacturer of vaccines by volume. It was founded by Cyrus Poonawalla in 1966 and is a part of Cyrus Poonawalla Group.
Sartorius AG is an international pharmaceutical and laboratory equipment supplier, covering the segments of Bioprocess Solutions and Lab Products & Services. In September 2021, Sartorius has been admitted to the DAX, Germany's largest stock market index. As a leading partner to the biopharmaceutical research and industry, Sartorius supports its customers in the development and production of biotech drugs and vaccines - from the initial idea in the laboratory to commercial production. Sartorius conducts its operating business in the two divisions Bioprocess Solutions and Lab Products&Services. The divisions bundle their respective businesses according to the same application areas and customer groups. The divisions share some of the infrastructure and central services.
The National Institute of Molecular Biology and Biotechnology, also known as NIMBB, is a research institute of the University of the Philippines (UP). It has four branches distributed across various UP campuses, namely: UP Diliman (NIMBB-Diliman), UP Los Baños (BIOTECH-UPLB), UP Manila and UP Visayas.
Biotechnology and genetic engineering in Bangladesh is one of the thriving fields of science and technology in the country.
Samsung Biologics Co., Ltd. is a global contract development and manufacturing organization headquartered in Songdo, Incheon, South Korea. The biotech division of Samsung Group, its core services range from late discovery to large-scale commercial manufacturing. The company focuses on monoclonal antibodies, bispecific antibodies, antibody-drug conjugates, and mRNA vaccines.
Biotechnology in India is a sunrise sector within the Indian economy. Agencies of the Government of India concerned with the biotechnology industry include the Department of Biotechnology and the proposed Biotechnology Regulatory Authority of India. As of 2022, the sector is valued at $80 billion. Biotechnology in India is in a growth phase and the sector is expected to be valued at $150 billion by 2025 and surpass $300 billion in value by 2030.
The Biotechnology Innovation Organization (BIO) is the largest advocacy association in the world representing the biotechnology industry. It was founded in 1993 as the Biotechnology Industry Organization from a merger of the Industrial Biotechnology Association (IBA) and the Association of Biotechnology Companies (ABC), and changed its name to the Biotechnology Innovation Organization on January 4, 2016. Biotechnology Innovation Organization serves more than 1,100 biotechnology firms, research schools, state biotechnology centers and related associations in the United States and in more than 30 other countries.
Shenzhen International BT Leadership Summit is a biology-focused business conference. It is held each year in September. It is arranged by the Shenzhen Municipal People's Government. It is held at the Shenzhen Convention and Exhibition Center.
BIOTECanada, previously the Industrial Biotechnology Association of Canada, is a Canadian biotechnology industry association based in Ottawa, Ontario. It is an industry-funded membership organization composed of over 250 national and international pharmaceutical and gene therapy companies, medical device manufacturers, agricultural science businesses, law firms, academic institutions, research and development networks, advertising agencies, insurance companies and financial services firms.
Vivo Capital ("Vivo") is an American investment firm headquartered in Palo Alto, California. It is focused on making public and private investments in the healthcare and biotechnology industries.
