The Biotech Industry

Biotech companies make products that benefit human beings, including drugs and therapies that could save lives, increase agricultural yields, and produce environmentally friendly chemicals and fuels. Bioinformatics is another area which is the study of biological information and processes and can be applied to a variety of industries.

Biotech is a technology that has its roots in the early 1970s, when the technology of recombinant DNA (genetic engineering) was invented and later patentable. This technique allows scientists to splice genes in production cells which then begin to produce valuable protein molecules.

Biotechnology is heavily used in the programs for target discovery of many pharmaceutical companies today. There are also small startups that use unique techniques that are proprietary to create therapeutic drugs.

Other biotechnology applications are being pursued by companies focused on agro biology, cosmetics and food technology, industrial biotechnology and nutraceuticals, as well as veterinary medicine. Fully integrated Pharma companies are huge, commercial enterprises that research and develop generic or brand medicines.

Biotech is going through a transformation due to the development of new technologies. Companies can now validate their products for conditions that have understood mechanisms, such as sickle cell anemia, and reach greater patient populations. Some companies are even trying to create new treatments that address unaddressed diseases, such as Duchenne muscular dystrophy, a terminal illness.

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