The Biotech Industry

The biotech industry encompasses companies whose products benefit humans by treating diseases with life-saving treatments and drugs as well as improving the yields of agricultural crops and her comment is here creating green fuels and chemicals. It also encompasses bioinformatics, which involves the study of biological information and processes and can be applied to various industries.

Biotech began in the early 1970s, when recombinant-DNA technology (genetic engineering) was invented and then patentable. This technique lets scientists create production cells that then begin producing proteins that are valuable.

Today, a majority of pharmaceutical companies are involved in target-discovery research programs that are heavily reliant on biotechnology. There are also small upstarts that employ unique methods to create therapeutic drugs.

Companies that specialize in agrobiology, cosmetics, environmental food technology nutraceuticals, industrial biotechnology, in addition to veterinary medicine, are seeking other biotechnology-related applications. Fully integrated Pharma companies are massive commercial companies that conduct research and develop generic or brand name medicines.

Biotech is changing as a result of new technologies. Companies can now validate their products for conditions that have well-understood mechanisms, such as sickle cell anemia, and reach greater patient populations. Some companies are trying to develop novel therapies for diseases that have not been treated, like Duchenne muscle dystrophy.