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Biotechnology companies bring cutting edge research in the biological sciences to practical use in the world of medicine, manufacturing and product development. Companies working with biotechnology use information learned from biochemistry, genetics, molecular and cell biology to develop stronger alloys for industry, vaccines for medical fields and a host of similar products for consumers. These products include insulin, tests for genetic anomalies, increased food nutrition and yield and living organisms that clean up contaminated sites such as oil spills.
Biotech firms have existed since the earliest days of genetic research where they dealt heavily in the development of plants and animals for quick growth, disease resistance and desired traits. Early companies employed selective breeding techniques along with plant grafting and animal husbandry to achieve the desired results. Today's businesses use highly advanced devices and computer simulations to manipulate biologically influenced factors to produce even greater yields and quality products.
The biotech industry is a rapidly developing section with a promising outlook for future profitability. Biotech use is still in its infancy in regards to medical and cellular applications. News changes quickly in biotech as discoveries and new advances appear almost daily. Business.com is a great source of information for biotechnology information and news on developments in the biotechnology industry.