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(Reuters) - AstraZeneca Plc has poached Pascal Soriot from rival Roche Holding AG to be its new chief executive, hoping his experience with biotech drugs and dealmaking can revive a company battered by clinical trial failures and patent expiries.
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Re: AstraZeneca grabs Roche pharma head as new CEO
Interesting read.
"Any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for specific use."
In other terms: "Application of scientific and technical advances in life science to develop commercial products" is biotechnology.
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