Biotech companies create products that benefit human beings, including drugs and therapies that may help save lives, boost agricultural yields, and produce eco-friendly chemicals and fuels. Bioinformatics is also a part of it, which involves the study of biological processes and information and can be applied to many different industries.
Biotech’s roots go back to the early 1970s when the technology of recombinant DNA (genetic engineering) was developed and later patented. This technique enables scientists to create production cells which then begin producing important protein molecules.
Today, many pharmaceutical companies have active target-discovery research programs that are heavily reliant on biotechnology. There are also small-scale startups that utilize exclusive techniques to create therapeutic drugs.
Companies that specialize in agrobiology, cosmetics, the environment, food technology nutraceuticals, industrial biotechnology, along with veterinary medicine, are seeking other biotechnology-related applications. Fully integrated Pharma companies are large commercial companies that research and produce, as well as sell generic or brand name drugs and medicines.
New technologies are changing the biotech industry, allowing for companies to validate their solutions for conditions that are understood mechanisms (such as sickle cell disease) and reaches a larger patient populations. Some companies are even attempting to develop new therapies that address unaddressed diseases, like Duchenne muscular dystrophy, which is a fatal illness.
https://biotechworldwide.net/how-to-identify-the-best-biotech-companies-for-investment
