Biotechnology connects cellular and biomolecular processes to develop technologies and products that help improve lives and health. Through modern biotechnology, outstanding product and technology innovations against severe and rare diseases is possible.

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It also reduces the environmental footprint, as it utilizes less and cleaner energy for safer, cleaner, and more efficient industrial manufacturing processes.

Growing biotechnology applications in healthcare and favorable government initiatives and collaborations with industry players have favored the biotechnology market growth. However, stringent government regulations for the approval of biotechnological products may hinder the growth of market.

At its simplest, biotechnology is technology based on biology - biotechnology harnesses cellular and biomolecular processes to develop technologies and products that help improve our lives and the health of our planet. We have used the biological processes of microorganisms for more than 6,000 years to make useful food products, such as bread and cheese, and to preserve dairy products.

HEAL THE WORLD

Biotech is helping to heal the world by harnessing nature's own toolbox and using our own genetic makeup to heal and guide lines of research by:

• Reducing rates of infectious disease;
• Saving millions of children's lives;
• Changing the odds of serious, life-threatening conditions affecting millions around the world;
• Tailoring treatments to individuals to minimize health risks and side effects;
• Creating more precise tools for disease detection; and
• Combating serious illnesses and everyday threats confronting the developing world.