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home > ebr > winter 2001 > the german biotechnology industry - where does it stand globally and what are the obstacles to expansion?
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European Biopharmaceutical Review

The German Biotechnology Industry - Where Does it Stand Globally and What Are the Obstacles to Expansion?

The global biotechnology industry has just taken its first steps towards an exponential growth development with potential sales that may amount to US$100 billion in 2005. Germany in particular has recently made extraordinary efforts to participate in this development. Currently, there are more than 2,600 biotech companies worldwide, with approximately the same number in the US as in Europe. The German biotech scene looks set for an exceptional and dynamic growth which has been significantly supported by the following political reforms:


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By Dr Peter Heinrich, CEO of MediGene AG and Co-Founder and
Deputy Chairman of the Association of German Biotechnology Companies (VBU)

Dr Peter Heinrich studied Biology and Chemistry at the University of Munich. After receiving his doctorate in Biochemistry he worked from 1987 to 1988 as a postdoctoral scientist at Harvard University. Thereafter, he joined Wacker Chemicals - then a subsidiary of Hoechst AG - where he worked in different research and managerial positions. He left Wacker in 1995 to co-found MediGene GmbH and became its Chief Executive. In 1996 he was appointed Chief Executive Officer of MediGene AG. Since January 2001 Peter has also been President and Chief Executive Officer of the newly acquired MediGene Inc., San Diego (US).
In addition, Peter is a Co-Founder and Deputy Chairman of the Association of German Biotechnology Companies (VBU); a member of the executive board of the 'Gesellschaft fьr Chemische Technik und Biotechnologie e.V.' (DECHEMA); he serves on the board of the Emerging Biopharmaceutical Enterprises (EBE); and is an active member of the Bavarian Elite Academy.

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Dr Peter Heinrich
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