Female Biotechnician

Economic Forecast: In Order For The Biotech Industry To Move Forward it Must First Look Back

For all of the darkness of this past year — from a deadly plague to the delusional and autocratic ambitions of a disgraced president — 2020 also will be remembered as the global coming-out event for the biotechnology sector.

The previous record for vaccine development speed was four years. Because of the cutting-edge biotech platforms made possible by the mapping of the human genome, two U.S. companies delivered safe and stunningly effective Covid vaccines to the market in just 10 months this year, a harbinger of medical cures to come.

The challenge before us for 2021 will be to restore trust in our public institutions and peer-reviewed science so we can vaccinate enough Americans to achieve herd immunity and end this pandemic once and for all.