BIOPHARMA IS A FORMIDABLE ECONOMIC ENGINE OF GROWTH. “The biotech industry is a key driver of modern economic progress” (Battell, 2098). Although only about forty years old, by 2015 it is predicted to exceed 320 B USD in sales, and generate well over 1 M skilled well-paying jobs. Considering that the global Pharma industry is driven by only about 370 new drugs approved in the past decade, it is clear that the room for growth is considerable.