Biotechnology, or perhaps the technology based upon biology, can be used to solve issues in many companies from foodstuff and fuel development to health-related. The biotech industry can be broken down into several classes based on the types of solutions which the companies strive to create.

Biotech focuses on applying living supplies, like skin cells, to solve concerns in the medical field. In this category you will find corporations that focus on producing gene remedy, monoclonal antibodies, vaccines and other biological drugs. You will also find pharma (fully integrated) companies that focus on medicine development intended for the treatment of ailments and other circumstances in humans and animals.

The biotech industry was born inside the mid-1970s with recombinant DNA, or genetic engineering, a procedure that allows experts to splice genes into production skin cells, which then continue to produce the specified protein. This kind of led to the creation in the first genetically engineered goods including recombinant insulin, interferons and other protein therapies, and sparked the biotech boom.

Since then, the industry has continued to grow. Scientists have cloned mammals, discovered the Human Genome Project and created the initially synthetic cell. More recently, mRNA vaccines and monoclonal antibody development make headlines. These included Regeneron’s REGEN-COV2, which has been used to treat the COVID-19 outbreak in 2022. Companies that develop these types of therapies currently have found solutions to make all their treatments better and more secure through exact control over the cells which can be targeted. These new techniques can increase patient outcomes and reduce the price of the therapy.