Biotechnology means is the use of living organisms and other biological systems to produce drugs and other products for the betterment of individual and society health or well being. It is one of the fastest growing industries in the world. Biotechnology is for ever changing the way of our lives from controversial stem cell research medical vaccines that saves thousands of lives everyday to innovating harvesting energy which helps in the preservation of our environment and chemical free organic foods that re helping people to lead healthier lives. Biotechnological sector has emerged as a dominant one that providing employment to thousands of skilled and qualified people. The Indian biotechnology industry today comprises over 300 companies which generating revenues about US$2 million.
Application of science and technology to modify biological systems for users, constitute many fields from biopharma to biofuels. Biotechnology is applied in various fields; in waste management, biotechnology is used to create new biodegradable materials. Biotechnology has significance in the mining industry. Natural copper is found mixed with other elements in the minerals. Bacterium thiobacillus ferroxides can be treated chemically to obtain pure copper. Biotechnology plays an important role in the field of medicine.
The people who have hemophilia will not produce blood clotting protein so they are at risk of bleeding to death after minor cuts. In this biotechnological process, human gene that code for blood clotting protein is transferred to hamster cells in tissue culture which then produce blood clotting protein in hemophiliacs. Biotechnology sector has a wide variety of career opportunities such as sales and marketing, manufacturing and quality control, research and development or assurance. Biotechnology and pharmaceutical industries overlap considerably since many drugs are now developed using biotechnology. The most successful use of biotechnology is the production of therapeutic drugs and medical diagnostic tools such as DNA testing. The biotechnology companies use manipulation of living cells and their components tom make new products.
Pharmaceutical industry play a key role in promoting and sustaining development in the field of medicines the pharmaceutical sector in India meets about 70% of the country's demands for drugs, pharmaceutical formulations, chemicals, capsules, orals or injectibles. Pharmaceutical industries also take advantage of recent advances in biotechnology and information technology. Pharmaceutical industry of U.S has achieved world wide prominence by research and development of new drugs.
Research and development departments in pharmaceuticals manufacturing firms start the process by seeking and rapidly testing libraries of millions of new chemical compounds with the aim to prevent or alleviate symptoms of diseases or health problems. Advances in technology and knowledge of cell working will allow pharmaceutical and medicine manufacturing producers to become more efficient in the drugs discovery procedures.