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Established and Emerging Biotech Clusters
Date:9/19/2011

ourne cluster (ranked 24th overall) dominates the group, based on its favorable policy and regulatory environment, especially in clinical trials. The Melbourne cluster has also seen a high amount of collaborative activity with international pharmaceutical companies. VC funding is becoming difficult to obtain, especially for early stage companies. The total innovation capital decreased to $11.3bn in 2010, down by 19% compared with 2006. In addition, the upfront payment components of these financings have reduced by more than 54%, further shrinking the innovation capital available to start-up companies. How do the many biotech clusters of the world compare when ranked against each other? What are the key criteria that should be considered when choosing a location to conduct research in specific areas of drug discovery? What are the crucial components of a successful biotechnology cluster and what characteristics have led to serial innovation? What are the typical commercial rental rates likely to be charged within various biotech clusters across the world? Which are the most important academic institutions and companies in a particular region that present attractive opportunities for collaboration?

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EXECUTIVE SUMMARY

•Introduction to the biotech cluster concept

•Key trends in biotechnology research

•Established biotech clusters

•Emerging biotech clusters

Introduction to the biotech cluster concept

•Summary

•Introduction

•Definition of a cluster

•Advantages of the cluster approach in biotechnology

- Productivity advantages

- Innovation advantages

- New business establishment advantages

•Components of a successful biotech cluster

- Strong science base

- Entrepreneurial culture

- Strong base of companies

- Effective scientific and business
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