Biotechnology Industry Trends
نویسنده
چکیده
The biotechnology industry is not defined by its products, but by the technologies employed in making them. Those technologies involve the use of biological processes to solve problems or to make useful products. Biotechnologies are primarily employed in the medical and pharmaceutical industries, but they are also used to increase crop yields, clean up hazardous waste, and increase the efficiency of industrial processes. Biotech firms span more than 60 industrial classifications, giving the industry influence far beyond the firms narrowly defined as “biotech,” which vary greatly in size and scope, ranging from small, mainly R&D operations to large, diversified companies with established production and distribution systems.
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