Electronic Journal of Biotechnology ISSN: 0717-3458
  © 2004 by Universidad Católica de Valparaíso -- Chile
Vol. 7 No. 2, Issue of August 15, 2004
 

Table 2. Growth of the biotechnology industry in Chile.

1999

2000 ñ

2001

2002

Total Growth
(1999-2002) %

Average growth per annum %

No of biotechnology
Companiesa

19

20

21

31

63

19

No of people employedb in the industry

238

341

444

600

152

36

Total industry revenuesc
(in US$ million)

7.33

7.46

7.07

10

36

13


Source: National Commission for the Development of Biotechnology, Chile

ñ: For year 2000 the values were estimated.

a: Biotechnology company: a company that uses modern biological technologies (e.g. recombinant DNA, biochips, cell culture technology, tissue engineering, bioinformatics, genomics, proteomics, etc) to fabricate commercial products and/or provide services.

b: Employees: persons hired for a wage or fixed payment in exchange for personal services. Full-time equivalent identification has not been considered.

c: Revenue: total payment from sales of goods and services, minus the cost associated with returned or undeliverable merchandise.

 

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