Biotechnology Becomes One of the Hottest New Industries on the Market, 9-9-2006
While the 1900s will be remembered by industrial historians as the Information Technology Era and the Physics Era, the 2000s will most likely be marked as the Biotechnology Era because rapid advances in biotechnology will completely revolutionize many aspects of life in coming decades. An advanced generation of drugs developed through biotechnology is emerging on the marketplace. Stem cell research is moving ahead briskly on a global basis, despite the negative effect of restrictive research funding rules of the U.S. Federal Government. Stem cell breakthroughs are occurring rapidly. Amongst all the rapid changes in this hot new industry a recent report from Plunkett Research, Ltd., suggests that some of the most exciting trends include:
- Gene Therapies and Patients' Genetic Profiles Promise a Personalized Approach to Medicine.
Scientists now believe that almost all diseases have some genetic component. For example, some people have a genetic predisposition for breast cancer or heart disease. Understanding human genetics will soon lead to breakthroughs in gene therapy for many ailments.
- Stem Cells-A New Era of Regenerative Medicine Looms.
Many firms are conducting product development and research in the areas of skin replacement, vascular tissue replacement and bone grafting or regeneration. Stem cells, as well as transgenic organs harvested from pigs, are under study for use in humans.
- New Kinase Inhibitors Are Breakthrough Drugs for Cancer Treatment-Many More Will Follow.
Multi-kinase inhibitors are currently on the leading edge of new drug development. This exciting class of drugs has the potential to target a wide variety of defective proteins. Defective kinases can lead to diseases such as cancer. Kinase-blocking drugs are able to inhibit cell activity that can cause both tumor growth and blood vessel creation-thus they are able to shut down the blood vessels that enable tumors to grow and thrive.
To find out more about these exciting trends and more, check out Plunkett's Biotech & Genetics Industry Almanac 2007, just released, or go to www.plunkettresearch.com and sign up for a subscription to Plunkett's completely up-to-date online database!
About Plunkett Research, Ltd.
Plunkett Research, Ltd. is a leading publisher of complete business research and analysis resources, designed to enable professionals in marketing, research and finance to access complete trends analysis, statistics, technology analysis and financial analysis of the world's most exciting industries. For more information, visit www.plunkettresearch.com, or call 713.932.0000.