Nat. Biotechnol. 24, 883 (2006); published online 9 August 2006; corrected after print 8 November 2006.

In the version of this article initially published, the bars in the chart “Global biotech industry financing” on page 883, and their corresponding numbers have been transposed top-to-bottom and do not match. The amount raised is also $ billions and not $ millions, as stated. The corrected figure is shown here.