Perspectives on the Bio-based economy May 11, 2009 Hadi Salah hadi.salah@frost.com

Defining Biotechnology Pharmaceuticals Healthcare Diagnostics Agriculture Biotechnology Biofoods Alternative energy Biofuels Biochemicals May 11, 2009 © Frost & Sullivan

Trends in Biotechnology: Life Science Research May 11, 2009 © Frost & Sullivan

Innovation: an important piece of the puzzle Innovative companies consistently outperform their peers financially Innovative industries contribute significantly more to a country’s GDP Innovative countries are more productive and have better quality of life May 11, 2009 © Frost & Sullivan

How to Innovate Innovation through collaboration Most innovative companies are most collaborative Apple, Toyota, and Google are examples: highly innovative and collaborative companies Collaboration is just as important for smaller companies May 11, 2009 © Frost & Sullivan

Take-home message Collaboration is key to innovation Yet, it is a difficult task to accomplish Government, companies, and academia all need to play a role Promotion of collaboration across all stakeholders should be an integral part of the Canadian Blueprint May 11, 2009 © Frost & Sullivan

“We accelerate growth” Thank you Hadi Salah Industry Analyst Technical Insights Frost & Sullivan “We accelerate growth” May 11, 2009 © Frost & Sullivan