the.com/biotech
hijacking life's source code and selling the patches.
means biotech is the industry that engineers living cells, genes, and organisms to make medicines, materials, and food.
from coined from bio (life) plus technology, but the field really began in 1973 when herbert boyer and stanley cohen spliced dna from one organism into another and made it replicate, birthing genetic engineering as a business.
first drugsynthetic insulin, 1982, made by genetically altered bacteria
crispr costgene editing tools dropped from millions to under $100
biggest ipo busttheranos raised $700m on blood tests that didn't work
for instance
genentech — founded 1976, first company built entirely on recombinant dna
moderna mrna vaccine — went from sequence to shots in under a year, 2020
golden rice — vitamin-a-enhanced grain, approved in philippines 2021 after 20-year fight
crispr therapeutics — casgevy, first fda-approved crispr cure for sickle cell, 2023