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The Coming Biotech Age:
The Business of Bio-Materials

by Richard W. Oliver

New York: McGraw-Hill, 2000

 

Biotechnology and its social and economic implications have been hotly debated in the pages of the popular press from The Wall Street Journal to Time Magazine, as well as on the nightly news. In fact, according to Richard W. Oliver, biotech and its commercial applications -- bioterials -- will surpass the Information Age as the new engine of the economy. "By the middle of the 21st century, all companies will be bioterial companies," predicts Oliver. "The bioterials economy will grow faster, be more global, more pervasive and more powerful than any model before it."

An essential discussion to the future of business, The Coming Biotech Age describes the biotech revolution taking place within our leading universities, corporations and government. Without daunting scientific jargon, Oliver reveals what everyone -- CEOs, investors, policymakers and others interested in the social ramifications of bioterials -- must know, for instance:

  • How the biotech lab is becoming a Gene-Factory -- with the mass production of healthcare, agricultural, and commercial/industrial products
  • How the Bioterial Age will fundamentally alter the laws of economics as we know them
  • How biotechnology will eliminate aging and disease

Oliver also takes a look at the biovisionaries -- researchers, scientists and business leaders -- behind the biotech movement, and the biocapitalists who are poised to cash in on the new era.

A unique focus on The Coming Biotech Age is the positive effect that biotech will have on the global economy. For instance, global chemical suppliers (DuPont, Novatis, Monsanto) are reinventing themselves as biotech firms, joining over 4000 biotechnology organizations around the world creating new jobs and new products. While Oliver does discuss potential dangers of biotechnologies, he also points out the tremendous advances biotech has brought:

  • Over 100 million people worldwide have been helped by the development of new biotechnology products and vaccines.
  • Hundreds of biotechnology products and vaccines are currently in human clinical trials and hundreds more are in early development

In The Coming Biotech Age you'll read about these remarkable bioterial developments: pharmaceuticals tailored to an individual's genetic makeup... babies made healthy through genetic modification... pest- and disease-resistant food... "smart" materials that mimic human processes... endless solar energy machines... and many more. Oliver places these developments within an economic context, explaining what these advances will mean to the global business community.

The potential for bioterials is tremendous -- and infinite. If you're in business you cannot afford to miss The Coming Biotech Age. Truly, your company's future will depend on it.

Richard W. Oliver is a professor at the Owen Graduate School of Management at Vanderbilt University in Nashville, Tennessee. He was previously Vice President of Marketing at Nortel and a marketing executive at DuPont. Dr. Oliver serves on the Boards of Directors of six U.S. companies and consults to organizations around the world. His previous books are The Shape of Things to Come: 7 Imperatives for Winning in the New World of Business and The Eagle and the Monk: 7 Principles of Successful Change.

 
   
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