Biotechnology, or the technology based upon biology, is needed to solve problems in many companies from foodstuff and fuel development to healthcare. The biotech industry may be broken down in several categories based on the types of solutions the companies seek to create.

Biotech focuses on applying living supplies, like cells, to solve issues in the medical field. In this category you will find businesses that focus on producing gene therapy, monoclonal antibodies, vaccines and other neurological drugs. Additionally, you will find pharma (fully integrated) companies that focus on medication development just for the treatment of conditions and other circumstances in human beings and pets or animals.

The biotech industry was born inside the mid-1970s with recombinant DNA, or hereditary engineering, a process that allows scientists to splice genes into production cellular material, which then start to produce the desired protein. This led to the creation with the first genetically engineered goods including recombinant insulin, interferons and other health proteins therapies, and sparked the biotech growth.

Since then, the industry contains continued to grow. Researchers have cloned mammals, uncovered the Human Genome Project and created the initially synthetic cellular. More recently, mRNA vaccines and monoclonal antibody development make headlines. The latter included Regeneron’s REGEN-COV2, that has been used to treat the COVID-19 break out in 2022. Companies that develop these kind of therapies have found approaches to make their treatments better and safer through exact control over the cells which can be targeted. These new treatments can increase patient ultimate and reduce the expense of the therapy.