1999

2000 ^ñ

2001

2002

Total Growth
(1999-2002) %

Average growth per annum %

N^o of biotechnology
Companies^a

19

20

21

31

63

19

N^o of people employed^b in the industry

238

341

444

600

152

36

Total industry revenues^c
(in US$ million)

7.33

7.46

7.07

10

36

13

Source: National Commission for the Development of Biotechnology, Chile

ñ: For year 2000 the values were estimated.

a: Biotechnology company: a company that uses modern biological technologies (e.g. recombinant DNA, biochips, cell culture technology, tissue engineering, bioinformatics, genomics, proteomics, etc) to fabricate commercial products and/or provide services.

b: Employees: persons hired for a wage or fixed payment in exchange for personal services. Full-time equivalent identification has not been considered.

c: Revenue: total payment from sales of goods and services, minus the cost associated with returned or undeliverable merchandise.