With the news of the successful mapping of the human genome, we can truly say that we have entered the biotech age. But what is biotech Biotechnology is the development and manipulation of genetic material to produce improved products such as insect resistant crops or synthetic blood. It has applications in industry, medicine and agriculture.
Over the last ten years, the biotech industry has almost entirely been funded by the public sector û charities, governments and universities. In contrast, the internet and communications industries have largely been funded by the private sector û equity, debt and capital markets. This has largely been because of governmental concern over the ethics of biotech, and a general...
