BioTech (or HealthTech) is a fast-growing field of information technology contributing to improving quality of life & health. At the border of medical and technology innovation, to achieve BioTech progress, a company needs to master both safety standards of the medical industry as well as state-of-the-art technology so that the result is flawless before moving to live implementation.
Biotechnology is technology based on biology – biotechnology uses mobile and biomolecular processes to create technology and products that help enhance our own lives and the health of the world. We’ve employed the biological processes of germs for at least 6,000 years in agriculture to earn useful food goods, such as cheese and bread, and also to maintain dairy products.
Biotechnology offers breakthrough products and technology to fight rare and debilitating diseases, decrease our ecological footprint, feed the hungry, and utilize cleaner and less energy, and have cleaner, safer and much more efficient industrial production processes.
At this time, there are over 250 biotechnology healthcare products and vaccines accessible to individuals, many for previously untreatable diseases. Over 13.3 million farmers across the globe use biotechnology in agriculture to boost yields, prevent damage from pests and insects and decrease farming’s impact on the environment. Over 50 biorefineries have been constructed across North America to examine and refine the technology to create biofuels and chemicals from renewable biomass, which can help lower greenhouse gas emissions.
Recent advances in biotechnology are helping us prepare for and fulfill society’s most pressing challenges. Here is how:
HEAL THE WORLD
Biotech is helping heal the planet by exploiting nature’s personal toolbox and utilizing our genetic makeup to cure and direct lines of study by:
- Diminishing rates of infectious illness;
- Saving countless children’s lifestyles;
- Shifting the probability of acute, life-threatening ailments affecting millions all over the planet;
- Tailoring remedies to people to lessen health risks and side effects;
- Growing more exact tools for disease detection; and
- Combating serious ailments and regular risks confronting the developing world.
FUEL THE WORLD
Biotech utilizes biological processes like fermentation and exerts biocatalysts such as yeast, enzymes, and other germs to turn into microscopic production plants. Biotech is helping fuel the entire world by:
- Streamlining the measures in chemical production processes by 80 percent or more;
- Lowering the temperature for cleaning clothing and possibly saving $4.1 billion yearly;
- Improving production process efficiency to conserve 50 percent or much more on operating costs;
- Reducing usage of reliance on petrochemicals;
- Using biofuels to reduce greenhouse gas emissions by 52 percent or more;
- Decreasing water use and waste production; and
- Tapping into the entire potential of conventional biomass waste solutions.
FEED THE WORLD
Biotech enhances crop pest immunity, enhances harvest herbicide tolerance and eases the use of environmentally sustainable farming techniques. Biotech is helping feed the entire world by:
- Generating higher crop yields with fewer inputs;
decreasing quantities of agricultural compounds required by crops-limiting that the run-off of the products to the environment; - utilizing biotech plants that require fewer uses of pesticides which enable farmers to decrease tilling farmland;
- producing crops with increased nutrition profiles which resolve nutrient and vitamin deficiencies;
- Producing foods free of toxins and pollutants like mycotoxin; and
Enhancing food and harvest oil material to help enhance cardiovascular health.
BioTech Innovation
Digital Solutions can overcome medical and healthcare technologies innovation barriers. Biotech is also a broad field encompassing digital drug discovery platforms for the treatment of complicated diseases to 3D printing of organs and tissues transforming healthcare as we know it.
In advancing biotechnologies, treating rare diseases with the help of AI, automated diagnostics for life extension technologies, 3D printing of organs and tissues, are just some of the applications contributing to the development of the healthcare and wellbeing fields.
Agile Software Development in BioTech
Regulatory aspects are most challenging when it comes to biotech, but the advancing field of technology needs to meet the strict healthcare regulation for safe market adoption of news devices, wearables, embedded, or augmented technologies.
As with every technology-related domain, the digital revolution taking place and in healthcare is storming the field. As with the outdated industrial approach, most pharmaceutical & biotechnology companies believe that software must be developed and maintained in-house and that data is more secure on internal servers than on the cloud, mainly due to IP related sensitivities of innovation protection. As the Journal of Industrial Microbiology & Biotechnology states, most companies in this space continue to employ large IT and software teams and acquire computational infrastructure in the form of in-house servers & devices. In the era where innovation is rapidly changing the competitive landscape, the ability to quickly adapt to changing market conditions, with agile software teams, will quickly become a critical competitive advantage. To quote the study, many times, the technologies a highly-paid scientist works with during the workday are far less advanced, far less secure, and deliver an inferior user experience compared to the applications this same scientist will use on a smartphone after work.
LifeScience Companies Digital Rush
All life sciences companies strive to be digital, having active discussions around digitization, cloud computing, and collaboration. Agile development methodologies have to be adopted in the R&D processes to gain long-lasting competitive advantages.
According to a Rock Health survey, 40% of research respondents act upon online information, making it critical for healthcare providers and other stakeholders to engage users and patients through the digital tools they already use.
If you want to learn more about the advancement of BioTech or need help with an R&D project, connect with our experts.
