Biotech – Explained
iO | IORMA Disruptive Technologies Strategy Director
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Biotechnology is the use of living organisms or their products to modify or make products, or to perform specific services.
It encompasses a wide range of techniques and applications, including the use of microorganisms such as bacteria and yeast to produce food, fuel, and other products; the use of plant cells or tissues to produce chemicals and other materials; and the use of animals for research or to produce pharmaceuticals.
Biotechnology also includes the use of genetic engineering techniques to modify the genetic makeup of organisms for a variety of purposes, including the production of new drugs and therapies, the improvement of crops and livestock, and the development of new industrial processes.
Biotechnology has the potential to revolutionize many areas of science and industry, and is an important field of research and development in the 21st century.