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Genentech: The Beginnings of BiotechTheir words
This amazing book traces the development of genetic engineering, and how Herbert Boyer and Robert Swanson turned the science into a commercial product by developing recombinant insulin.
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Another challenge for Class II biotechs is that even if you have a nifty computational drug discovery platform, you are still often bottlenecked by the rest of the drug development process. It takes 1,000 (or more!) small steps to advance a drug through discovery, development, and past the regulators.
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