The Business Journals: The National Observer: Biotech winter may be starting to thaw To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Biotech has faced slim funding ... Genetically modified crops ("GM crops", or "biotech crops") are plants used in agriculture, the DNA of which has been modified with genetic engineering techniques.

Understanding the Context

Biotechnology is the use of biology to solve problems and make useful products. The most prominent approach used is genetic engineering, which enables scientists to tailor an organism’s DNA at will. Why is biotechnology important? 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.

Key Insights

Biotechnology is a broad discipline in which biological processes, organisms, cells or cellular components are exploited to develop new technologies. New tools and products developed by... Dr. Bourla looks back on Pfizers $43B acquisition of Seagen and the company's more recent license of a VEGF x PD1 bispecific. He highlights ASCO data for BRAFTOVI, vepdegestrant, and XSTANDI.

Final Thoughts

Plus, his thoughts on the hot button issues of China biotech and biopharma's public reputation. Emerging biotech New biotechs continue to emerge despite a challenging market environment that has forced venture firms to build their drug startups more cautiously. By BioPharma Dive staff