Answer 2 questions in detail

Name

Course

Professor

Date

Millennium Pharmaceuticals

Q .1 : How has the biotechnology industry changed over the last few years ? Biotechnology has shown a promising future since the mid-seventies . It was during this time that the opportunity to cultivate modern biotechnology . Of course , modern biotechnology has presented various advantages and contributions to science and society . Through the modernity that is being applied to biotechnology , scientists have obtained knowledge about DNA (deoxyribonucleic acid , for instance . This breakthrough in biotechnology has opened up possibilities of working on human molecules to alter

some aspects of life . This process is most beneficial in searching for ways to provide solutions to human problems that are strongly tied from simple to serious illnesses or diseases . In this case , biotechnology works well in providing cures for human diseases

Discoveries in biotechnology have opened up opportunities for pharmaceutical companies to develop the industry . Various drugs being manufactured for production by pharmaceutical companies require the manipulation of human molecules in to determine which o drugs will be most beneficial for human medicinal needs . The process is a daunting task that requires trial and error and a continuity of tests and reevaluations until scientists are finally able to accomplish the desired results . Since biotechnology , as a field of science , have assured pharmaceutical companies that it can provide what the industry needs , in terms of providing societal needs and obtaining profit for companies , it ceased to become just a science but also an area of interest for entrepreneurs and investors

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