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ARTICLE · 06 JULY 2017

New Genetics Technologies Set To Revolutionize Life Sciences

Curing diseases by editing a person's genes or using medicine specifically designed to work with their genetic profile has long been the realm of science fiction.

CanadaCorporate/Commercial Law

Curing diseases by editing a person's genes or using medicine specifically designed to work with their genetic profile has long been the realm of science fiction. However, new technologies have made this area of "personalized medicine" a hotbed for potential M&A growth.

CRISPR, a new technology already in discussions for a Nobel Prize, is revolutionizing the way science companies operate. So cheap and efficient that almost anyone can use it to alter DNA, CRISPR's potential to create new and better genetically modified crops has already spurred enormous mergers in the agribusiness space. Now, CRISPR and other genetic technologies are set to transform the market for personalized medicine, which in the United States is expected to grow at a 7.5% combined annual growth rate from 2017 to 2021.

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