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Nanomedicine as a Business Venture

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Nanomedicine

Part of the book series: Nanostructure Science and Technology ((NST))

Abstract

The introduction of nanotechnologies into medical applications requires nanomedicine stakeholders to understand and apply the process of open innovation, which is essential for translation to the clinic. In Europe, such translation from excellence of science is a major area of priority to the different member states and the European Commission in order to establish a profitable and industrial nanomedicine sector. The current regulatory landscape and procedures together with the scaling-up of manufacturing processes have been frequently highlighted as major business hurdles gravitating around translational issues and often unknown to or underestimated by academia and early stage development projects. Numerous initiatives are however being taken and communication and awareness amongst stakeholders is increasing, which is of good hope as nanomedicine is entering a turning point where its industrial and societal impact will be shaped. By gathering, analysing and confronting state of the art papers and reports in the field, this chapter aims to deliver a critical overview of the recent nanomedicine landscape and ecosystem.

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Abbreviations

BIO:

Biotechnology Industry Organisation

CAGR:

Compound Annual Growth Rate

EC:

European Commission

EPO:

European Patent Office

ESF:

European Science Foundation

ETPN:

European Technology Platform on Nanomedicine

EU:

European Union

FDA:

Food and Drug Administration

FP:

Framework Programme

GCP:

Good Clinical Practice

GDP:

Gross Domestic Product

GMO:

Good Manufacturing Organisation

GMP:

Good Manufacturing Practice

IP:

Intellectual Property

IPTS:

Institute for Prospective Technological Studies

JRC:

Joint Research Centre

NDDS:

New Drug Delivery Systems

NIH:

National Institute for Health

R&D:

Research and Development

SME:

Small and Medium Enterprise

VC:

Venture Capital

WoS:

Web of Science

References

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Correspondence to Olivier Fontaine or Yi Ge .

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Fontaine, O., Boskovic, B., Ge, Y. (2014). Nanomedicine as a Business Venture. In: Ge, Y., Li, S., Wang, S., Moore, R. (eds) Nanomedicine. Nanostructure Science and Technology. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-2140-5_14

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