Benefits of Biotechnology
Biotechnology - The Business of Science
The biotechnology industry is diverse. Canada’s biotechnology companies and researchers are leaders in the entire array of biotech sectors, creating new solutions to pressing health, environmental and economic challenges.
Biotechnology applies scientific disciplines including chemistry, engineering, physics and computing to living organisms to create innovative products and techniques.
Health Biotechnology
The largest sector of biotechnology, health biotech firms create products including therapies and drugs, vaccines and new diagnostic and testing equipment.- Therapeutics – new biologic drugs include skin grown for burn victims, gene and stem cell therapies, new drugs and personalised medicine
- Diagnostics –test kits for HIV, or diabetes provide new, lower cost, options to test for devastating diseases quickly and effectively
- Medical Devices– biosensors, stents, prostheses
- Vaccines - over 25 companies make innovative vaccines for childhood and adult diseases
