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Overview of Biotechnology

Modern biotechnology has advanced rapidly in the past few decades, driven largely by scientific advances which have led to the development of techniques such as recombinant DNA and hybridoma technology. The United States is a leader in the growing biotechnology field. Biotechnology has wide potential application in diverse areas including health care, chemicals, food, and waste treatment. Health care represents the largest sector in the biotechnology industry with hundreds of products in development including therapeutics, vaccines, diagnostics, devices and drug delivery systems. Unique legal, regulatory, and societal issues associated with biotechnology-derived products are being addressed as the field continues to evolve.