The pace of progress in biology creates a foundation that naturally gets picked up by the biotech and pharmaceutical industry to solve rich-world diseases. This is attractive science. It's science that people want to work on.
I'm an investor in a number of biotech companies, partly because of my incredible enthusiasm for the great innovations they will bring.
Biotech and geo engineering have the same mindset, of engineering, of power, of control, of mastery of nature.
In the biotech revolution, it is the human body, not iron or steel or plastic, that's at the source. Are the biocapitalists going to be allowed to dig without consent into our genetic codes, then market them?
Almost everybody is enthusiastic about the promise of biotechnology to cure disease and to relieve suffering.
Business, life itself, is damned hard work if you wanna be good at it. Actually, that's precisely wrong. Business ceases to be work when you're chasing a dream that has engorged you. ("Work should be more fun than fun" - Noel Coward.) And if the passion isn't there. then biotech and plumbing will be equal drags.
As we move on into this so-called biotech revolution and we start producing more and more transgenic manipulations, we'll start seeing pieces of DNA interacting with each other in ways that are totally unpredictable I think this is probably the largest biological experiment humanity has ever entered into.
The 1st Congressional District contains almost half of the biotech and biomedical companies in Washington, and my job often allows me to meet the people responsible for this exciting research.
I don't think that a mutual fund that invests exclusively in biotech start-ups or invests exclusively in companies in Thailand offers any great safety or diversification.
Researchers and biotech executives foresee the day when the effects of many catastrophic diseases can be reversed. The damaged brains of Alzheimer's disease patients may be restored. Severed spinal cords may be rejoined. Damaged organs may be rebuilt. Stem cells provide hope that this dream will become a reality.
A permanent base on Mars would have a number of advantages beyond being a bonanza for planetary science and geology. If, as some evidence suggests, exotic micro-organisms have arisen independently of terrestrial life, studying them could revolutionise biology, medicine and biotechnology.
A decade ago, critics suggested biotech crops would not be valuable in the developing world. Now 90 percent of farmers who benefit are resource-poor farmers in developing countries. These helped alleviate 7.7 million subsistence farmers in China, India, South Africa, the Philippines from abject poverty.
Biotech crops are not a solution to solve hunger in Africa or elsewhere.
Government investment unlocks a huge amount of private sector activity, but the basic research that we put into IT work that led to the Internet and lots of great companies and jobs, the basic work we put into the health care sector, where it's over $30 billion a year in R&D that led the biotech and pharma jobs. And it creates jobs and it creates new technologies that will be productized. But the government has to prime the pump here. The basic ideas, as in those other industries, start with government investment.
My high-tech aversion caused me to make fun of the typical biotech enterprise: $100 million in cash from selling shares, one hundred Ph.D.'s, 99 microscopes, and zero revenues.
At this moment, glyphosate is the biggest threat. And because of its overuse, we are seeing the emergence of superweeds, which have grown resistant to glyphosate. This has led to biotech corporations developing even more toxic herbicides, including 2,4-D, one of the main components of Agent Orange.
Martha Stewart denied allegations that she had been given inside information to sell 4,000 shares of a stock in a biotech firm. Stewart then showed her audience how to make a festive, quick-burning yule log out of freshly-shredded financial documents.
When a nanotech company matures and becomes a real business, it becomes something else. It becomes a biotech company or a cleantech company or a memory chip company. Nanotechnology has fueled the core innovations in electronics and energy.
It was a chance encounter with a biotech entrepreneur from Ireland that got me started as an entrepreneur in India, because I partnered this Irish company in setting up India's first biotech company.
It ended up being a great quarter across the country. The national trend was more on the IT (information technology) side of things. When you look at Southern California and San Diego specifically, it's driven largely by the life sciences and biotech side of things.
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