Biotech companies manufacture products that benefit humans, such as drugs and therapies that can save lives, enhance yields on farms, and create green fuels and chemicals. Bioinformatics is also a part of it as the study of biological processes and data. It is utilized in a variety of fields.
Biotech began in the early 1970s, when the technology of recombinant-DNA (genetic engineering) was developed and patented. This technique lets scientists create production cells which then begin producing useful protein molecules.
Today, many pharmaceutical companies have active target discovery research programs that heavily rely on biotechnology. Small companies also exist in the field that employ exclusive techniques to develop new therapeutic drugs.
Other biotechnology-related applications are being investigated by companies that focus on agrobiology cosmetics, the environment, food technology industrial biotechnology, nutraceuticals and food technology along with veterinarian medicine. Fully integrated Pharma companies are massive commercial companies that conduct research and manufacture generic or brand-name drugs.
A variety of new technologies are revolutionizing the biotech industry, making it possible for companies to test their strategies in conditions that are understood mechanisms (such as sickle cell disease) and reach much larger patient populations. Certain companies are working to create new treatments for diseases that have not been treated, like Duchenne muscle dystrophy.
typology of biotechnology by color development prospects of each type