Biotechnology is a field of science that involves the use of living organisms, biological systems, or derivatives thereof to develop or create products and technologies that benefit humanity. It encompasses a wide range of techniques and processes, including genetic engineering, molecular biology, cell culture, and fermentation. Biotechnology is applied in various sectors, such as medicine, agriculture, environmental management, and industrial production.
In medicine, biotechnology is utilized for the development of drugs, vaccines, and diagnostic tools, often employing techniques such as recombinant DNA technology. In agriculture, it can enhance crop yield and resistance to pests through genetically modified organisms (GMOs). Environmental biotechnology focuses on using microorganisms for pollution remediation and waste management. Overall, biotechnology combines biology and technology to harness cellular and biomolecular processes for practical applications.
Scholar Rock Holding Corporation is making strides in biotech with its promising therapy, Apitegromab, for spinal muscular atrophy, targeting regulatory submissions by early 2025. Despite a post-pandemic decline in mergers…
Moleculin Biotech, Inc. experienced an unprecedented 426% increase in stock value, closing at $2.21, due to key clinical trial developments. The U.S. FDA provided essential feedback on trial designs, allowing…