By U.S. Congress, Office of Technology
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Additional resources for Biotechnology in a Global Economy
59 4-8. S. Biotechnology Companies As of 1989 . . . . . . . . . . . . . . . 59 4-9. S. Biotechnology Companies by European and Asian Partners . . . . . . . . . . . . . . . . . . S. COMMERCIAL BIOTECHNOLOGY: AN OVERVIEW Until recently, genetic engineering was largely commercialized in the United States, mainly in top-notch academic departments and an exponentially expanding troupe of biotechnology entrepreneurial firms. S. corporations have increasingly invested in these technologies, both in-house and through a variety of arrangements with dedicated biotechnology companies (DBCs).
68 Boxes Page Box 4-A. A Glossary of Finance and Investment Terms . . . . . . . . . . . . . . . . . 46 4-B. The Genentech/Hoffmann-LaRoche Merger . . . . . . . . . . . . . . . . . . 56 4-C. Country-by-Country Analysis of Strategic Alliances . . . . . . . . . . . . . . 60 4-D. R&D Tax Incentives of Selected Foreign Countries . . . . . . . . . . . . . . 65 Figures Page Figure 4-1.
These DBCs, having a greater understanding of the powers and limitations of biotechnology have used this knowledge combined with their financial resources to demand clauses securing manufacturing Capital and Market Value Capital and market value are concentrated in few of the over 400 firms involved in biotechnology. Individual companies that top the list in market values are generally the same ones that lead the industry in total assets, book value, R&D spending, and total employment (see table 4-3).