Journal article Open Access

Latest Business Environment Trends, Innovations, Concepts in the Biotech sector of Asia

KM Gopal

Today, biotechnology is one of the most critical technology sectors in a new wave of a knowledge-based economy. It is characterized by innovation and a breakneck pace of development. It is a cost-effective option for identifying new products and can provide personalized solutions. Biotechnology has a wide range of uses in the food sector, including the production of genetically modified organisms, pharmaceuticals, healthcare, bioremediation, forestry, and agriculture. Any new technology's development necessitates collaboration between industry and academia., each with different expertise; biotech is no exception Biotechnology still has significant untapped potential and can address pressing global challenges like climate change and sustainable growth and development, and treating emerging and non-communicable diseases.

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