Biotechnology Market

The biotechnology market is an ever-expanding, demanding, controversial and lucrative market. As long as the need for something better and the hunger for knowledge exist, biotechnology will be the crux for much crucial development and enhancement.

The biotechnology market covers a large area, and has vast and crucial branches among them. Some of these areas are agriculture GMO, antibody technologies, antisense technology, biomaterials, biopharmaceuticals, drug discovery, emerging technology, environmental/industrial biotechnology, enzymes, gene therapy, general biotechnology, genetic engineering, genomics, informatics, instrumentation and equipment, molecular biology, pharmaceuticals, proteomics, regulation and bioethics, research and development, tissue engineering and wound care.

There are more than 90 biotechnology products in existence in the world today, including drugs and vaccines which have been approved by the U.S. Food and Drug Administration (FDA). Apart from these, the research and development is still going strong, with over 350 biotechnology drug products and vaccines still in human clinical trials. They give hope to the sufferers of many incurable and unstoppable diseases ravaging the population, such as cancer, AIDS, Alzheimer