typology of biotechnology by color development prospects of each type
Biotech companies create products that benefit humans, such as drugs and therapies that may save lives, enhance agricultural yields, and produce green fuels and chemicals. It also includes bioinformatics, which is the study of biological information and processes and can be applied to many different industries.
Biotech began in the early 1970s when the technology of recombinant-DNA (genetic engineering) was developed and patent. This technique allows scientists splice genes in production cells that later begin to create valuable protein molecules.
Today, many pharmaceutical companies have active target discovery research programs that are heavily reliant on biotechnology. Small companies are also present in the field that employ proprietary methods to develop new therapeutic drugs.
Other biotechnology-related applications are being explored by companies focused on agro biology cosmetics, the environment, food technology, industrial biotechnology and nutraceuticals along with veterinarian medicine. Fully integrated Pharma companies are large commercial enterprises that conduct research and manufacture generic or brand-name medicines.
Biotech is experiencing a revolution as a result of new technologies. Companies are now able to validate their platforms for conditions with known mechanisms, like sickle cell anemia. They can also reach greater patient populations. Some companies are trying to come up with new therapies for conditions that haven’t been addressed, such as Duchenne muscle dystrophy.