Currently, biotechnology startups place a greater emphasis on automation and computer-aided drug development. The most recent industry trends include the incorporation of AI, the development of personalized medicine, an increase in digital diagnosis, and a greater emphasis on immune cell functions.
The global Biotechnology services market was estimated at US$ 129.15 billion in 2021 and has grown at a compound annual growth rate (CAGR) of 15.6% to US$ 149.32. These trends have contributed to the potential for a sizable market for companies to invest further in the biotechnology startup sector.
This issue of Startup City features the ‘Top 5 Biotech startups in Japan - 2022’ which highlights some of the most important developments in the Japanese biotechnology space, as well as how biotechnology startups are operating in the current business environment and how they improve productivity and profitability.
The edition also includes a list of the ‘Top 10 Biotech Startups in APAC,’ highlighting the trends and developments in biotechnology startups throughout the Asia-Pacific region.
Furthermore, it includes the ‘Top 5 Biotech Startups in Singapore - 2022’ and ‘Top 5 Biotech Startups in South Korea - 2022’ which go into greater detail about the characteristics, trends, and developments of biotechnology startups in the respective regions.
It includes companies such as Orizuru Therapeutics, which was founded in 2021 as collaboration between Kyoto University and Takeda Pharmaceutical Company to research and commercialize iPS cell-based medicines. It is primarily concerned with cell regeneration therapy, regenerative medicine products derived from cell transplantation, and medication development.
The magazine also highlights the opinions of Michael Krel, Partner, Industrial Biotech Strategy, Sofinnova Partners, and Dr. Dan Liu, Partner in Venture and Growth Capital, CDH Investments. They respectively discuss the biotechnology industry’s evolution, challenges, and future, as well as how the industry is shaping up in China’s currently volatile business environment.
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