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1 Introduciton
Pages 9-12

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From page 9...
... The products include substances that can help to diagnose, prevent, or cure diseases of humans and animals; to enhance the productivity of or eliminate pests that affect crops; or to replace chemicals or other materials that consume nonrenewable resources or create environmental hazards. The functions include the purification of water and air and the generation of energy or industrial chemicals with minimal environmental impact.
From page 10...
... 1.4 ECONOMIC IMPACT OF BIOTECHNOLOGY The justification for commercialization of the fruits of any scientific endeavor is the potential for providing marketable goods and services and thereby generating gainful employment and return on invested capital. Basic discoveries in life science within the last 10 years have already created a family of novel biopharmaceutical products with new therapeutic and prophylactic potential.
From page 11...
... Consortia of leaders in government, industry, and academe in those countries are devising and implementing strategies for reducing basic scientific discoveries to practice. The economic potential of biotechnology is not perceived solely by the United States; it is recognized as an opportunity by other technologically advanced countries.
From page 12...
... · Regulatory agencies are unable to evaluate new products and processes rapidly. · Bioprocess engineering is by its very nature an interdisciplinary endeavor, and the culture of the American university is still evolving a coherent approach to cross-disciplinary research and education.


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