Essay: The Biotechnology Industry

Sample Essay

It is important to note that despite its various overlaps with the pharmaceutical industry, the biotechnological industry has created more than 200 new treatments for diseases such as cancers, AIDS and heart disease with 400 drugs and vaccines currently undergoing clinical trials. Not only has that but the industry also offered several benefits to the agricultural and environmental industry (Biotechnology Industry Organization, 2009).

First by providing technological applications which have to lead to cleaner and safer processes within different industrial sectors such as textiles and energy and then by providing products which allow the efficient removal of hazardous wastes improving soil and water quality. This has also driven the growth of 16.72 million acres of genetically engineered crops in 18 countries (Biotechnology Institute, 2005).

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