What does the Biotechnology sector produce or what service does it provide?
A. Current applications of biotechnology are predominantly practiced in the fields of agriculture and medicine. Modern techniques allow for the production of new and improved foods. Virus resistant crop plants and animals have been developed and advances in insect resistance have been made. Biotechnology applications in the field of medicine have resulted in new antibiotics, vaccines for malaria, and improved ways of producing insulin. Diagnostic tests for serious genetic diseases such as hereditary cancers and Huntington’s chorea have been developed as well as ways of detecting and treating AIDS.