Biotech 2009 — Life Sciences: Navigating the Sea Change is Burrill's 23rd annual report on the state of the biotech industry, highlighting the critical developments in 2008 (across all sectors, not just human health care but also biogreentech, both in the U.S. and globally). The presentation will discuss the sea change that has occurred with the permanent restructuring of the capital markets making capital more difficult and expensive to secure. The changing world of health-care innovation and delivery, and the increased concern for global climate change, energy security and environmental sustainability are the major issues that will make 2009 very challenging as we come to terms with a business, policy and economic environment that is largely unfamiliar to us all.