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Yano Research Institute Releases Report on Biotech Service Industry in Japan.


Tokyo, Japan, Mar 3, 2006 - (JCN JCN Japan Corporate News
JCN Journal of Cognitive Neuroscience
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JCN joint communications network (US DoD) 
) - Japanese market researcher Yano Research Institute has issued "Biotech Service Market: Mid-Term Perspectives 2005-2006," a report on the biotechnology services industry in Japan.

According to according to
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 the report, the market for biotechnology services reached 46.27 billion yen (US $392 million) in 2005, and is expected to reach 62.71 billion yen (US $531.4 million) in 2010.

Price competition in the oligonucleotide Oligonucleotide

A deoxyribonucleic acid (DNA) or ribonucleic acid (RNA) sequence composed of two or more covalently linked nucleotides. Oligonucleotides are classified as deoxyribooligonucleotides or ribooligonucleotides.
 DNA/ peptide synthesis In organic chemistry, peptide synthesis is the creation of peptides, which are organic compounds in which multiple amino acids bind via peptide bonds which are also known as amide bonds.  services sector is intensifying, while many companies have begun offering high value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions.  such as the production of GMP-grade peptides and RNA-related services.

In line with the US Food and Drug Administration's guidelines for DNA chips, the use of DNA chips is expected to grow. Accordingly, more companies including those from outside of the industry will enter the DNA chip market.

The report mentions biotechnology-based medicine as an area with high future growth potential. In particular, the market for antibody drugs is expected to grow.

The 212-page report (in Japanese) is available for 105,000 yen (US $890).

Copyright [c] 2006 Japan Corporate News Network. All rights reserved.
COPYRIGHT 2006 Japan Corporate News Network K.K.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:JCNN News Summaries
Date:Mar 7, 2006
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