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Biotechnology

By Arakaki, Emily

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Book Id: WPLBN0000578685
Format Type: PDF eBook
File Size: 435.41 KB.
Reproduction Date: 2005
Full Text

Title: Biotechnology  
Author: Arakaki, Emily
Volume:
Language: English
Subject: Trade, Import and export controls, Export controls--United States
Collection: Export and Trade Collection
Subcollection:
Historic
Publication Date:
Publisher: Federal Trade Commissionn (FTC)

Description
Export and Trade Government Reference Document:

Excerpt
Excerpt: Application of biotechnologies has resulted in new medicines, safer vaccines, increased agricultural yields, and cleaner industrial processes. In the last 30 years, U.S. biotechnology enterprise has grown to encompass more than 1,300 companies that employ over 174,000 people. According to the Biotechnology Industry Organization, more than 250 million people worldwide have been helped by 133 biotechnology drugs and vaccines, tissue engineered products, and hundreds of new diagnostic tests. Of the biotech medicines on the market, 75 percent were approved in the last six years, and 350 more are in late stages of development. In agriculture, the first biotech derived crops were commercialized in 1996 in the United States; by 2001, about 50 plant crop varieties had been approved for marketing. Over 88 million acres were planted with biotech derived crops in the United States, providing more disease resistant crops and less reliance on conventional pesticides. Biotechnology is yielding diverse industrial products from biodegradable plastics to improved enzymes (that help conserve energy or reduce pollution).

 

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