The Biotech Industry

Biotech companies manufacture products that are beneficial to humans, such as drugs and treatments that can save lives, enhance yields on farms, and create eco-friendly chemicals and fuels. Bioinformatics also is a part of the industry, which is the study of biological processes and information. It can be applied to a wide range of industries.

Biotech began in the 1970s when recombinant-DNA technology (genetic engineering) was developed and patent. This technique lets scientists splice genes in cells that later begin to create useful protein molecules.

Today, the majority of pharmaceutical companies have active target-discovery research programs that heavily rely on biotechnology. Small companies are also present in the field of biotechnology that employ proprietary techniques to develop new therapeutic drugs.

Other biotechnology-related applications are being investigated by companies focused on agro biology, cosmetics and the environment, food technology industrial biotechnology and nutraceuticals along with veterinary medicine. Fully integrated Pharma companies are huge commercial companies that study and produce branded or generic drugs.

A variety of new technologies are revolutionizing the biotech industry, making it possible for companies to validate their strategies in conditions that are established mechanisms (such as sickle cell disease) and reach larger patient populations. Some companies are even trying to design novel therapies that address unaddressed diseases, like Duchenne muscular dystrophy, a fatal disease.

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