The standard double.Parse or decimal.Parse methods do the job here.
Examples:
// AllowExponent is implicit
var number1 = double.Parse("0.5e10");
Debug.Assert(number1 == 5000000000.0);
// AllowExponent must be given explicitly
var number2 = decimal.Parse("0.5e10", NumberStyles.AllowExponent);
Debug.Assert(number2 == 5000000000m);
Also, see the MSDN article Parsing Numeric Strings for more information. As long as the NumberStyles.AllowExponent option is specified to the Parse method (which it is by default for double), parsing such strings will work fine.
NB: As the questioner points out, the exponential notation of "e10" for example does not work in all cultures. Specifying en-US culture however ensures that it works. I suspect CultureInfo.InvariantCulture should also do the trick.