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Essay text:
Thus for biotech companies to survive their current business models, they must pursue profits through products and services, which reflect this rapid rate of change.
Biotechnology has a vast application area, some prominent ones are
Microbes: improve the functionality of key food ingredients, such as enzymes
Plants: enhance to ability of plants to fight disease and pests, remove allergens from food
Animals: enhance the ability of livestock & pets to overcome disease and maintain health
Humans: anticipate & intervene earlier in a disease through new medicines
The Human Genome Project signals a paradigm shift for the global pharmaceutical industry in its search for critical drug discoveries...
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