The Biotech Industry

The biotech industry comprises companies whose products help humans by treating diseases by providing life-saving medications and therapies, improving agricultural yields and producing green fuels and chemicals. Bioinformatics is also a part of it, which is the study of biological processes and data. It is utilized in many different industries.

Biotech began in the early 1970s when the technology of recombinant DNA (genetic engineering) was invented and then patentable. This technique allows scientists to create production cells that then begin to produce useful protein molecules.

Today, the majority of pharmaceutical companies are involved in target-discovery research programs that heavily rely on biotechnology. The industry also includes small startups that use unique techniques that are proprietary to create therapeutic drugs.

Companies focusing on agrobiology, cosmetics, environmental and food industry nutraceuticals, industrial biotechnology, along with veterinary medicine, are also looking at other biotechnology applications. Fully integrated Pharma companies are huge commercial companies that research create, manufacture and sell generic or brand-name drugs and medicines.

Biotech is going through a transformation due to the development of new technologies. Companies can now validate their platforms for conditions with well-understood mechanisms, such as sickle cell anemia, and also reach broader patient populations. Some companies are even attempting to develop new therapies that target untreated diseases, such as Duchenne muscular dystrophy, which is a fatal disease.


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