Scientists, biotech analysts, and researchers have done an incredible job in the biotech sector. They’ve come up with amazing inventions that look set to revolutionize the medical, food, and business sectors.
If you’re truly passionate about biotech developments, you’ll be interested in the following trends that are expected to create shockwaves in the industry.
Genome editing (genome hacking) refers to a medical procedure commonly associated with genetic engineering. It involves the insertion, replacement, modification, or deletion of the DNA in a particular organism’s genome. Common applications of this technology include drug recovery, gene alteration, as well as the combating of certain medical ailments plus syndromes.
In the near future, genome hacking could completely revolutionize biotech by enhancing human capacities for smell or even introducing something entirely new like night vision. For instance, the CRISPR technique for fungi gene editing recently saw a huge breakthrough in plant-based foodstuffs.
The lack of comprehensive treatment for Alzheimer’s has been a huge embarrassment for the medical community. Of course, several attempts have been made. And with every failed attempt, scientists have got to understand the disease better. A report released in January 2019 indicated that certain scientists were utilizing drugs intended for treating stroke survivors to treat Alzheimer’s.
A new drug for treating Alzheimer’s disease was also found in May this year and it successfully passed human testing. While it was tried on healthy volunteers, it’s yet to be tested Alzheimer’s patients. But it’s evident that the world is sitting on an imminent breakthrough. It’s everyone’s hope that it happens sooner than later.
Factory farming of meat poses serious industrial as well as environmental repercussions. The industry generates higher levels of carbon than all vehicles combined. And most of these products are exported from third-world countries a significant portion of the population is still living below proper nourishment thresholds.
With the help of advanced technologies, food engineering will be able to break this wheel of livestock manufacturing. Producing food that’ll replace the livestock industry demands the use of cutting-edge technology. And most of these experiments depend on gene modification as well as meat grown from plant cells inside high-tech laboratories. It’s relieving to see that the transformation is being led by a group of enthusiastic startups.
In the year 2018, federal plus state governments filed a list of lawsuits on various opioid makers. And by early this year, the crisis had actually grown deeper. The lawsuits slapped by the governments don’t appear to have borne any substantial outcomes. The death tally still stands at over seventy-thousand in the past few years.
With the current biotech advancements, however, a lasting solution to this problem could be established in the near future.
Last year, IPOs amounted to a mammoth of $8.2 billion, surpassing the 2014 record of $6.5 million. Research has shown that most companies have already raised millions of money in IPOs.
And the trend is even clearer for biotech IPOs in 2019. Typically, the average share purchaser is optimistic about evolving biotechnology. It’s expected that IPOs in the biotech sector will raise more income than in any previous year.
Other biotech trends include digital bio, post navigation, and human augmentation through brain-computer interfacing.
With the current technological advancements, the biotech industry is expected to grow even bigger. In the near future, there’ll be lasting solutions for Alzheimer’s, genome, and opioid addiction. Plus the IPOs and food engineering sectors are more likely to undergo major transformations. For more information regarding biotech, read Bio-Technical Resources.