How big is the biotech industry in Japan?
Source: JETRO: BIO2013

The biotechnology industry occupies an important position in 21th century Japan. The industry was valued at 2.75 trillion yen (appox. $ 34.5 billion USD) in 2012.
The current of open innovation promotes the growth and activities of Japanese biotechnology companies (currently over 500) and the growth of their licensing out of contracts.
The competitiveness of the Japanese biotechnology industry is largely underpinned by the country’s high share of biotechnology patents filed under PCT and the high amount of biotechnology R&D expenditures in the business sector.