The biotech industry encompasses companies whose products benefit humans by treating illnesses by providing life-saving medications and therapies increasing yields on agricultural land and producing environmentally friendly chemicals and fuels. Bioinformatics is another area as the study of biological processes and data. It can be utilized to a wide range of industries.
Biotech’s origins date back to the 1970s in the beginning when the technology of recombinant DNA (genetic engineering) was developed and patented. This technique lets scientists splice genes in cells that then begin to produce useful protein molecules.
Today, many pharmaceutical companies are involved in target-discovery research programs that are heavily reliant on biotechnology. There are also small check my reference companies that employ unique proprietary techniques to develop therapeutic drugs.
Companies focusing on agrobiology, cosmetics, the environmental, food technology nutraceuticals, industrial biotechnology, along with veterinary medicine, are also pursuing other biotechnology applications. Fully integrated Pharma companies are large, commercial enterprises that research and manufacture generic or brand-name medicines.
Many new technologies are changing the biotech industry, making it possible for companies to validate their products for conditions that are established mechanisms (such as sickle cell disease) and reach much larger patients. Some companies are even attempting to develop new therapies that target untreated diseases, such as Duchenne muscular dystrophy, a terminal illness.
