The Biotech Industry

Biotech companies make products that are beneficial to humans, such as medicines and treatments that can save lives, improve yields in agriculture, and produce sustainable chemicals and fuels. Bioinformatics is another area as the study of biological processes and information. It is a field that can be used to a wide range of industries.

Biotech began in the early 1970s, when the technology of recombinant-DNA (genetic engineering) was invented and then patentable. This technique enables scientists to create cells that splice genes which then begin producing useful protein molecules.

Today, the majority of pharmaceutical companies have active target discovery research programs that are heavily reliant on biotechnology. The industry also includes small startups that use unique methods to create therapeutic drugs.

Companies that specialize in agrobiology, cosmetics, environmental and food technologies nutraceuticals, industrial biotechnology, as well veterinarian medicine, are looking at other biotechnology applications. Fully integrated Pharma companies are large commercial enterprises that conduct research and manufacture generic or brand-name drugs.

A myriad of new technologies are transforming the biotech industry, making it possible for companies to validate their strategies with respect to conditions that are understood mechanisms (such as sickle cell disease) and to reach a wider patients. Some companies are trying to come up with new therapies for diseases that haven’t been treated, like Duchenne muscle dystrophy.

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