This study was carried out to synthesize qualitative research data on innovation strategies of Healthcare, and Food and Drink companies in Ireland involved in biotechnology research and development in Ireland, for the purpose of determining in a pragmatic manner the level of activity and types of innovation strategies pursued. Several types of innovation strategies through biotechnology have been identified. These strategies vary according to company type, company size and industry sector. Furthermore, those companies which represent a potential of considerable creativity in the innovation of products through biotechnology in Ireland have been identified. Thus, the medium involvement long-term planners identified in this study represent a source of entrepreneurial potential for the commercialisation of biotechnology in Ireland. Policy makers must investigate the implication of this for further biotechnology development in Ireland.