Pharmaceutical Biotechnology:
The usage of biotechnology in the pharmaceutical environment has been exponentially increasing in recent years. The process of manipulating DNA molecules, through the means of biotechnology, has proven to play a significant part in producing and further developing drugs. From various types of vaccines to biosimilar drugs, biotechnology has proven time and time again to be effective in the new waves of modern medicine.
Benefits of Pharmaceutical Biotechnology:
With the usage of biotechnology, new and improved medications and drugs used in cancer therapy, enzyme and hormone replacement therapy, vaccines, etc., have improved the world of pharmacy, as well as for its clients and researchers. Biotechnology has allowed researchers to further develop targeted therapies that specifically address the underlying mechanisms of diseases, old or new, often leading to the discovery of an alternative with higher efficacy and fewer side effects.
An example of biotechnology's functionality in building various drugs is through the creation of the COVID-19 vaccine. Coronavirus 2019, more commonly known as COVID-19, is an immensely contagious and infectious disease that stemmed from the virus now known as SARS-CoV-2. Due to its invasive nature, researchers have turned to biotechnology since the beginning of the outbreak-even before the disease had spread to their country. These genetically modified vaccines proved to be successful, in that the United State’s most widespread vaccines; Pfizer and Moderna, have a respectable 94-95% rate of efficiency.
Consequences of Pharmaceutical Biotechnology:
With the innovation of pharmaceutical biotechnology, this naturally comes with a handful of negative consequences for the researchers and consumers. With the expansion of more theories involving pharmaceutical biotechnology, the price for an average 30 day prescription has increased significantly– at an average of a 1000 dollars excess.
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