Biotech companies make products that benefit human beings, including drugs and therapies that can save lives, improve the yield of agricultural crops, and also produce eco-friendly chemicals and fuels. Bioinformatics is also a part of it, which is the study of biological processes and data. It is utilized in a variety of fields.

Biotech’s roots go back to the early 1970s, when recombinant DNA technology (genetic engineering) was invented and patent-protected. This technique allows scientists to splice genes in cells that will then begin to produce useful protein molecules.

Today, the majority of pharmaceutical companies have active target discovery research programs that are heavily reliant on biotechnology. The industry also includes small-scale startups that utilize exclusive techniques to create therapeutic drugs.

Other biotechnology-related applications are being investigated by companies focused on agrobiology, cosmetics, the environment, food technology industrial biotechnology, nutraceuticals and food technology, as well as veterinarian medicine. Fully integrated Pharma companies are huge commercial enterprises that conduct research and develop generic or brand name drugs.

Many new technologies are transforming the biotech industry, allowing for companies to validate their solutions in conditions that are known mechanisms (such as sickle cell disease) and reach much larger patient populations. Certain companies are working to develop new treatments for diseases that haven’t been treated, like Duchenne muscle dystrophy.

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