World Business Council




Biotechnology

Chair

Biotechnology is booming, driven by advancements in healthcare, agriculture, and environmental solutions. The U.S. leads the global market with major biotech firms, while China is catching up with heavy investments in research and development.

The WBC Biotechnology Council is spearheading initiatives that promote innovation and collaboration within the global biotechnology industry. The Council supports advancements in healthcare, pharmaceuticals, and environmental biotechnology, fostering partnerships between research institutions, biotech firms, and government bodies. It plays a critical role in addressing challenges such as regulatory hurdles and funding for biotech startups. In the future, the Council plans to expand global biotech collaborations, advocate for more robust intellectual property protections, and drive advancements in gene editing and personalized medicine.



GLOBAL
Market Size
$1.37 Tr.

United States

Business Volume: $600 B

 

China

Business Volume: $200 B

 

Germany

Business Volume: $100 B

Japan

Business Volume: $90 B

 

France

Business Volume: $80 B

 

United Kingdom

Business Volume: $75 B

India

Business Volume: $70 B

 

South Korea

Business Volume: $60 B

 

Canada

Business Volume: $50 B