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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1334 |
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Although an actual product was still several years and millions of dollars away, early research indicated that CRP-1 had potential as a treatment for burns and kidney failure.
Hyperion was one of over 200 firms founded since the mid-1980s to develop pharmaceutical technologies based on recent advances in molecular biology and immunology...
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This new field of R&D, commonly called "biotechnology," also attracted the attention of established companies. By 2005, most of the world's largest pharmaceutical enterprises, like Eli Lilly, Merck, and Hoffman LaRoche, had extensive in-house biotechnology R&D programs as well as collaborative ties with many of the new entrants...
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