Biotechnology is a Technology Based On Biology

 

Biotechnology 

Biotechnology is divided into four basic systems. The first system is concerned with the application of biotechnology in pharmaceuticals. The following system employs biotechnology to create new chemicals and industrial processes. The use of biotechnology in the production of seeds and genetically modified crops is the next significant segment. The final and least developed segment involves the use of biotechnology in marine applications. Biotechnology applications are classified as biopharmacy, bioagriculture, bioindustrial, and bioservices.

Biotechnology, at its most basic, is biology-based technology; biotechnology harnesses cellular and biomolecular processes to develop technologies and products that improve our lives and the health of our planet. For over 6,000 years, we have used microorganisms' biological processes to produce useful food products such as bread and cheese, as well as to preserve dairy products.

According to Coherent Market Insights, The global Biotechnology Market was valued at US$ 518.3 Bn in 2019 and is forecast to reach a value of US$ 1,303.1 Bn by 2027 at a CAGR of 12.3% between 2020 and 2027.

Modern biotechnology enables us to combat debilitating and rare diseases, reduce our environmental footprint, feed the hungry, use less and cleaner energy, and have safer, cleaner, and more efficient industrial manufacturing processes. Modern biotechnology enables us to combat debilitating and rare diseases, reduce our environmental footprint, feed the hungry, use less and cleaner energy, and have safer, cleaner, and more efficient industrial manufacturing processes.

Biotechnology has four major industrial applications: health care (medical), crop production and agriculture, non-food (industrial) uses of crops and other products (e.g., biodegradable plastics, vegetable oil, biofuels), and environmental applications. One application of biotechnology is the directed use of microorganisms in the production of organic products (examples include beer and milk products). Another example is the mining industry's use of naturally occurring bacteria in bioleaching. Biotechnology is also used to recycle, treat waste, clean up industrially contaminated sites (bioremediation), and to create biological weapons.

Pharmacogenomics (a combination of pharmacology and genomics) is a technology that investigates how a person's genetic makeup influences their response to drugs. Researchers in the field study the impact of genetic variation on drug responses in patients by correlating gene expression or single-nucleotide polymorphisms with drug efficacy or toxicity. The goal of pharmacogenomics is to develop rational methods for optimising drug therapy based on the genotype of the patient in order to achieve maximum efficacy with minimal side effects. Such approaches herald the arrival of "personalised medicine," in which drugs and drug combinations are tailored to each individual's genetic make-up.

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