The Biotech Industry

Biotech companies produce products that benefit people, including drugs and therapies that may save lives, improve yields on farms, and create eco-friendly chemicals and fuels. Bioinformatics is also included as the study of biological processes and data. It is a field that can be used in many different industries.

Biotech has its roots in the early 1970s when recombinant-DNA technology (genetic engineering) was developed and patent. This technique allows scientists splice genes within production cells, which eventually begin to produce important protein molecules.

Biotechnology is heavily used in the target-discovery programs of most pharmaceutical companies today. Small companies are also present in the pharmaceutical industry that utilize proprietary techniques to develop new therapeutic drugs.

Companies that focus on agrobiology, cosmetics, environmental food technology nutraceuticals, industrial biotechnology, along with veterinary medicine, are also seeking other biotechnology-related applications. Fully integrated Pharma companies are large commercial enterprises that study and produce, as well as sell branded or generic drugs and medicines.

A myriad of new technologies are revolutionizing the biotech industry, allowing for companies to test their solutions in conditions that are known mechanisms (such as sickle cell disease) and reaches a larger patients. Some companies are even attempting to create new treatments that target untreated diseases, like Duchenne muscular dystrophy, which is a terminal illness.

Continue Reading

Share this post