Biotech, short for biotechnology, refers to the use of living organisms, biological systems, or derivatives thereof to develop or create products and technologies for various applications. This field encompasses a wide range of processes and techniques, including genetic engineering, cell culture, and molecular biology, aimed at solving problems related to health care, agriculture, and environmental sustainability.
In healthcare, biotech is primarily involved in the development of pharmaceuticals and therapies, including vaccines and personalized medicine that targets specific genetic profiles. In agriculture, biotech often focuses on genetically modified organisms (GMOs) to improve crop yield, resistance to pests, and nutritional value. Environmental applications can include biofuels, bioremediation, and waste management.
Biotech plays a significant role in advancing scientific research, enhancing food security, improving human health, and addressing environmental challenges. The sector is characterized by innovation and interdisciplinary collaboration, often involving biotechnology firms, research institutions, and government bodies.
Atai Life Sciences invests $5 million in Bitcoin, aiming to hedge against inflation and economic volatility. Led by Chairman Christian Angermayer, Atai seeks to integrate Bitcoin as a financial backbone…
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Brooklyn Park plans a transformative Biotech Innovation District by 2026, covering over 200 acres. The location at highways 169 and 610 aims to establish a vibrant ecosystem for medical and…
Recursion Pharmaceuticals experiences a 23.88% increase in stock value, reflecting its innovative approach in the biotech landscape. The company leverages automation and AI through its proprietary operating system to discover…
Jiangsu Hengrui Pharmaceuticals Sets Global Aspirations In a recent presentation at the prestigious J.P. Morgan Healthcare Conference, Jiangsu Hengrui Pharmaceuticals showcased its ambitious plans to expand its influence beyond China.…