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If you are a business executive today dealing with teetering financial markets and a weak economy, it’s doubtful you are thinking much about genomic literacy. But how well you, your company, and your industry understand this new, still esoteric language may have much to do with your company’s long-term survival and prosperity.
Biology is likely to become the greatest single driver of the global economy. The coming changes are not so much a second industrial or green revolution but the dawn of the organic age —organic in the sense that what things we make and how we make them will be tied to understanding and reading life and to programming life for specific purposes. We do this now with food and textiles. But the use of this powerful language/programming is spreading fast and far. In the future, wealth creation could be closely tied to life sciences, much as it is currently tied to digits.
If you think this sounds farfetched, ask someone who lived in the early 1970s whether people thought India, Ireland, Korea, Silicon Valley, or Taiwan would be centers of technology and new wealth. A few bold digital geeks argued computers would revolutionize not just how information is gathered and disseminated, but almost every business on the planet and more than a few countries. Over the past few decades, most new jobs, wealth, and growth were created in the knowledge and digital realm. And while venture capital represented only about 0.2 percent of US GDP, the companies it created generated about 17 percent of economic activity.1 The Internet changed virtually every industry. Yet as far-reaching as the digital revolution was, the ability to code life will likely reach even further.
There are many competitors in this new race. What started out as an obscure subspecialty primarily of interest to the pharmaceuticals industry, has now spread to agriculture, chemicals, biodefense, and energy. Life sciences are a key component of many national development plans. Brazil leads the world in biofuels and preventing citrus diseases, thanks to R&D programs launched decades ago. Korea, despite recent scandals, continues investing in cloning and tissue engineering. Japan leads in fermentation technologies and is growing plastic car parts from bacteria and plants. Singapore considers life sciences a vital part of its development strategy and invests hundreds of thousands of US dollars in each of its graduate students. China is building a genome city while the United Arab Emirates attempts to use scale and petrodollars to leapfrog everyone. For now, the United States remains, by far, the leader in R&D and new venture creation.
What’s driving all this? In the mid-20th century, we discovered that all life is coded in four base pairs (adenine, thymine, guanine, and cytosine). Then we learned how this simple code translates into amino acids and finally builds the hundreds of thousands of proteins that generate life and guide its operations.
Biotechnology first allowed us to slightly modify a few life forms to produce medicines, new seeds, and a few chemicals. Then, in just over a decade, the development of rapid sequencing of a virus, bacteria, plant, fly, and eventually human has unlocked the entire gene code, or genome, of living things. Now, over the past year, at least three discoveries have fundamentally altered how we think of the code of life and what we can achieve using it. First, two labs, one in Japan and one in the United States, showed how adult cells can become pluripotent. That means human skin cells can be shocked to reboot from scratch. They forget what they are specialized to do and go back to their original state, just after conception. This is an important discovery because all complex organisms start out as undifferentiated, pluripotent cells. And each of our cells, with the exception of some blood cells, contains our entire genome. So, in theory, each of our cells can produce all of our body parts.
A second major paper showed that we can reprogram cells. A few months ago, Synthetic Genomics and the Venter Institute took a cell, inserted long strands of DNA, and booted up a cell as a different species. This is important because half the biomass on Earth is made up of microscopic organisms. And it is these small, single-celled (or few-celled) creatures that have created much of our environment; they help plants grow and humans digest, and they turn plants into oil and gas.
Finally, we are learning to write the code from scratch. In January 2008, the same group published the world’s largest organic molecule. Consider it a life software package. By stringing together very long strands of DNA, companies will be able to program cells to do specific things. In fact, high school and college students are already beginning to do this using the Massachusetts Institute of Technology’s open-source BioBricks.2 In the measure that cells become programmable hardware, they will become micro-machines that make myriad organic products including textiles, chemicals, medicines, and fuels. By December 2008, we were able to assemble an entire cell software package in a day instead of years.
Taken together, these three discoveries, plus the increasing availability of standardized cheap cellular components, suggest that we will be able to write out a life code, which will in turn allow us to program a cell to execute a desired function. And this function is rapidly scalable since gene code builds its own hardware.
As we begin to read, reproduce, and program life, we will change many industries, including agriculture, biotechnology, chemicals, defense, energy, insurance, IT, leather, medicine, real estate, pharmaceuticals, and textiles. About 70 percent of the grain we consume in the United States and Canada already is genetically modified. Some of our cars, clothes, corn, food, gasoline, IT, leathers, medicines, and plastics are produced organically using life-science technologies. Companies as diverse as Aetna, BP, GE, Google, Intel, Kaiser Permanente, L’Oréal, Monsanto, Nestlé, Novartis, and P&G are investing heavily in the application of life-science technologies.
Beyond pharma, biotech, and agriculture, the greatest initial impact of life sciences will likely be in energy. After all, a leaf is simply a solar panel that powers a plant. Oil and gas are rotted plant and bacterial tissues—in essence, sunlight concentrated in organic matter. Using genetic modifications, we will be able to produce gasoline directly from plants or bacteria. Similar techniques will allow us to go directly from plants to tertiary petrochemicals that produce dyes, fine chemicals, paints, plastics, polyesters, and rubber. DuPont already is growing your next breathable, water-repellent jogging suit using bacteria. Thanks to a Cargill–Dow joint venture, your disposable cup or lunchtime salad container may already be a biodegradable plastic grown from plants. Toyota Motor is making some of its car parts using life sciences and is launching medical, foodstuff, and chemical divisions. These are just first steps.
Just as the ability to code digits created an unprecedented burst of wealth as well as a large-scale restructuring of industries and the rapid rise of some very poor countries, life sciences will likely produce a restructuring of industry. It will drive mergers and acquisitions such as GE’s purchase of Amersham, a British pharmaceutical. DuPont’s earnings increasingly are driven by a seed company, Pioneer. And the trend is becoming global: Japan’s Daiichi Sankyo bought control of India’s Ranbaxy. The next eBay, Google, Intel, and Microsoft will be a company that uses life forms to create new products.
The life code is a lever and perhaps the most powerful instrument human beings have ever used. It will make the Industrial Revolution seem simple, even quaint. It will become the world’s dominant language, and all of us will have to be literate to thrive.
1 National Venture Capital Association Yearbook 2008, Thomson Financial, 2008.
2 See the BioBricks Foundation Web site .
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I read the article with great interest and sure enough it is far fetched in several respects and right on target in few specific areas. As a scientist who did extensive research in pluripotent cells and manipulated DNA and RNA and again as a Business major with great analytical ability in understanding the applicability of biological research, I must say Biology is one field where there is far greater chances of both used and misused.
However higher we fly with our imagination, we must bring down ourselves by understanding that we need is simple things for the benefit of mankind such as food and water and that is where the greatest benefit of biological research will be reaped.
Posted 9 February 2010, 21:25 by Booma
This article is important and interesting. When I discuss nano and bionano with students of IT, they think it is not related to them. And, most have never even heard of nanotech, let alone thought about it. When I suggest they look for jobs in this sector they are again shocked to find out how robust this industry is and how they have some of the same problems, e.g., bugs in Tiny OS the operation system used in smart motes, that we’ve had since Microsoft first introduced DOS in the 1980s.
My biggest concern is that bionano and nano developers, being optimistic creators, do not lost sight of the need for security, privacy conservation, and TESTING to ensure that these potentially destructive technologies are only used for benificent applications. Ralph Merkly is quoted as saying that once ‘released’ nanotech has the capability of being globally dispersed within two hours. With the ability to permanently alter or destroy the human race (and possibly all living things on earth), it is paramount that the responsibilities that accompany the joys of accomplishments in this area are not forgotten.
Posted 15 October 2009, 12:39 by S Conger
as far as we know HIV/AIDS,it kills white blood cells.what if we look for a cartain ways of killing this strong virus like coming up with chemical which will not kill the cells but kill the virus.
Posted 5 October 2009, 01:27 by samson
can we look for a way of fusing genes artificially to com up with offspring and more especially human being?as biotechnologists i think this is possible.
Posted 5 October 2009, 01:15 by samson
yes
Posted 10 September 2009, 06:51 by massimo
Hi,
The article’s informative, but could use some more on stats. For e.g., what revenue percentage/R&D Budget percentage was invested in Bio-based efforts made by various MNCs that you cite (so we could correlate with ROI- the parameter that really drives MNC investment patterns)?
Plus, I am a strong proponent that between 3 disruptive technologies i.e. Nanotech, Genetic Engg. and Robotics, there is immense potential to change the globe. If your article could have a section talking about this aspect, it’d probably prove helpful too (lookup Google for articles “Why the Future does not Need us” , and for http://specialityconsulting.com/naotech.pdf).
Further, how about a section on how waste-management (Non biodegradable kinds) could benefit from Bio-ventures (bit of a twister, I agree)?
Finally, no piece is complete without a concrete hint on what is afoot in India and China across these spaces, so maybe you could add on that front too? Here, you could add hints on India’s Ayurveda and Chinese medicine being rooted in herbs – that’s quite a bit like specialised botany!
Loved reading the piece though. Thanks…..
Posted 20 June 2009, 20:35 by Dr. Sujoy Dutta
Definitely biology is where it is at. Instead of taking out body parts they will be regenerating or putting stuff in. Some of the stuff they put in will be computer chips. Look at the work of Hugh Herr (Professor at MIT Media Lab) on biomechatronics. It is on this basis that Peter Schwartz – futurist from GBN predicts that we will all be cyborgs some day.
Posted 18 June 2009, 21:25 by A Lall
I am graduate in biotechnology and MBA. By reading the above article I would strongly agree that there is lot of scope in life sciences.
The above things look very rosy. The point which I am raising here may not be applicable globally. When it comes to new technologies there are many regulatory things involved specially in India. Here in India government does not support enough to carry out new ventures as politicians want share in each and every venture they want to approve.
If we look at countries like US, the government itself helps to carry out new research. Now with Obama in things will change a lot in life sciences sector. Specially energy.
No doubt this sector will rock one day. Nice thought process!
Posted 20 March 2009, 04:16 by Santosh Bheemnoor
Your third paragraph which stated that 17% of economic activity (US I suppose) was directly related to venture capital (investment?), could benefit from some fleshing out. Can you supply data supporting this statement. It is a very very powerful statement if it can be supported.
Thanks
Posted 14 March 2009, 04:14 by chris abbott
Thanks for the very clear & informative article. I am by qualification an accountant+MBA, but i realised back in 1979 that electronics & infotech was the key to the future. I made myself literate in that. That helped me hugely in my work & career.
I had this notion that biotec would be the key tech driving early 21st century, and i am making myself literate in that as well. Your article gives a direction for us non-techies to make a roadmap for acquiring knowledge.
Posted 12 March 2009, 20:51 by Kamal Gupta