The Biotech Industry
Biotech companies make products that are beneficial to humans, such as drugs and treatments that can save lives, increase yields in agriculture, and produce green fuels and chemicals. It also encompasses bioinformatics, which is the study of biological information and processes and can be applied to a variety of industries.
Biotech’s beginnings date back to the 1970s in the beginning when the technology of recombinant DNA (genetic engineering) was invented and patent-protected. This technique allows scientists splice genes in production cells that eventually begin to produce important protein molecules.
Today, most pharmaceutical companies are involved in target-discovery research programs that heavily rely on biotechnology. There are also small upstarts that employ exclusive techniques to create therapeutic drugs.
Other biotechnology-related applications are being investigated by companies that focus on agrobiology, cosmetics and food technology industrial biotechnology and nutraceuticals, as well as the field of veterinary medicine. Fully integrated Pharma companies are big commercial companies that research create, manufacture and https://biotechworldwide.net/generated-post sell branded or generic drugs and medicines.
Biotech is changing because of the advancement of technologies. Companies are now able to test their products for conditions that have well-understood mechanisms, like sickle cell anemia, and also reach broader patient populations. Certain companies are working to develop new treatments for conditions that haven’t been treated, like Duchenne muscle dystrophy.