The Biotech Industry

Biotech companies produce products that are beneficial to human beings, including drugs and therapies that can save lives, increase yields in agriculture, and produce environmentally friendly chemicals and fuels. Bioinformatics is also a part of it, which is the study of biological processes and data. It can be utilized to a wide range of industries.

Biotech began in the early 1970s when the technology of recombinant-DNA (genetic engineering) was developed and patent. This technique allows scientists splice genes in production cells that then begin to produce proteins that are valuable.

Today, a majority of pharmaceutical companies have active target-discovery research programs that heavily rely on biotechnology. Small companies are also present in the industry that use exclusive methods to create new therapeutic drugs.

Other biotechnology applications are being studied by companies focused on agro biology cosmetics as well as the environment, food technology, industrial biotechnology and nutraceuticals and veterinary medicine. Fully integrated Pharma companies are huge commercial enterprises that study, produce and sell generic or brand-name drugs and medicines.

New technologies are changing the biotech industry, allowing for companies to validate their platforms in conditions that are known mechanisms (such as sickle cell disease) and reach much larger patients. Some companies are trying to come up with new therapies for conditions that haven’t been addressed, such as Duchenne muscle dystrophy.

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