Cell Biotech Net Worth is46.0 $Million
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Biotechnology (sometimes shortened to "biotech") is generally accepted as the use of living systems and organisms to develop or make useful products, or "any technological application that uses biological systems, living organisms or derivatives there of, to make or modify products or processes for specific use" (UN Convention on Biological Diversity) . For thousands of years, humankind has used biotechnology in agriculture, food production and medicine. The term itself is largely believed to have been coined in 1919 by Hungarian engineer Karl Ereky. In the late 20th and early 21st century, biotechnology has expanded to include new and diverse sciences such as genomics, recombinant gene technologies, applied immunology, and development of pharmaceutical therapies and diganostic tests.
The concept of 'biotech' or 'biotechnology' encompasses a wide range of procedures (and history) for modifying living organisms according to human purposes a?? going back to domestication of animals, cultivation of plants, and "improvements" to these through breeding programs that employ artificial selection and hybridization. Modern usage also includes genetic engineering as well as cell and tissue culture technologies. The United Nations Convention on Biological Diversity defines 'biotechnology' as: "Any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for specific use." In other words, biotechology can be defined as the mere application of technical advances in life science to develop commercial products.
Biotechnology also draws on the pure biological sciences (genetics, microbiology, animal cell culture, molecular biology, biochemistry, embryology, cell biology). And in many instances it is also dependent on knowledge and methods from outside the sphere of biology including:
Conversely, modern biological sciences (including even concepts such as molecular ecology) are intimately entwi

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