Life Science: Great Promise & Rapid Growth

APPENDIX Definitions

Biotechnology The technological application of biological systems or living organisms to make or modify products or processes for specific use

Mezzanine Secondary source of capital

R&D Research and development

Diagnostics The art or practice of medical diagnosis

Seed Funding The first equity funding stage, representing the first official money raised by a business venture or enterprise

Digital Health The application of digital technology to healthcare to enhance the efficiency and personalized precision of healthcare delivery Genomics The study of the structure, function, evolution, and mapping of an organism’s complete set of DNA Medical Devices Any apparatus, appliance, software, or material to be used for the purpose of replacement or modification of the anatomy or the diagnosis, prevention, monitoring, treatment, alleviation, or compensation for an injury, handicap, or disease

Series A-H Stages of venture capital funding

Vitamin Organic molecule necessary to organisms for the proper functioning of its metabolism

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