Major breakthroughs achieved in cellular and mo- lecular biology during the last decade have made it possible to modify plant and animal cells geneti- cally. These powerful new techniques offer oppor- tunities to improve utilization of microbes, animals, and plants toward human welfare. Current scien- tific and commercial developments in these areas have raised important new policy issues concem- ing the implications and commercialization of biotechnology. Participants in this symposium examined the state of the art of biotechnology and focused on the issues of university/industry relations, economic opportunities, and ethical questions in the com- mercialization of biotechnology and the trans- ference of these technologies throughout the world. The symposium provided a forum for exchange among business, academia, and government on present and future scientific developments and be- yond to the implications and the commercialization of biotechnology and related national and inter- national policy issues. ~=^-^-