Biotechnology companies research, develop, and produce a wide variety of commercial products that often use the processes of living organisms as they manufacture products. Investopedia (2019) points out that the identification and sourcing of DNA have helped the biotech industry make significant accomplishments and breakthroughs. In recent years, computer technology companies have also accompanied the rise in biotechnology startups. The aim of most is to use biotechnology processes is to create breakthrough pharmaceuticals require data analytics, the science of evaluating raw data.

Regarding intellectual property, in the businesses of biotech and pharmaceuticals, pharmaceuticals generally hold exclusive patent rights to manufacture and distribute their drugs for five years whereas biotech can get patent protection for 12 years. The process to develop a new drug may take up to 15 years to complete. Pharmaceutical companies and biotech companies have worked together in many ways.

What are biotechnology and human health alliances?
Biotechnology health involves the use of living organisms, or parts of living organisms, to provide new methods of production and make new products. 
A few examples, such as:

  1. Genetically-modified (GM) foods such as corn, potatoes, tomatoes, rice, soybeans.
  2. Biotechnology-derived Health Products such as recombinant blood products, cytokines, monoclonal antibodies, interferons, and insulins.
  3. Tissue engineered products such as bone grafts, heart valves, xenografts, and collagen agents used in gene therapies molecular farming products.
  4. Diagnostic and preventative agents using drugs and medical devices derived from biotechnology such as diagnostic test kits for viral, bacterial and, rickettsia vaccines for diagnosis and imaging.
  5. Environmental products bioremediation, the use of bacteria to clean up environmental contaminants, such as oil spills
Why is biotechnology important in medicine?
Approved biotechnology medicines already treat or help prevent heart attacks, stroke, multiple sclerosis, leukemia, hepatitis, congestive heart failure, lymphoma, kidney cancer, cystic fibrosis, and other diseases. These medicines use many different approaches to treat disease as do drugs currently in the pipeline. 
Apr 26, 2013 900+ New Biotechnology Medicines Target Over 100 Diseases | PhRMA  

Medical biotechnology alone has become a $150 billion-a-year business. Recently, Top U.S.-based biotechnology firms in terms of market capitalization as of the end of 2018 were Amgen Inc., Gilead Sciences, Celgene Corp., and Biogen Inc. There also have been significant product introductions in biopharma drugs. Among the most frequently used biotechnology medical products recently introduced:
  • AbbVie's Humira is used to treat arthritis, psoriasis, and Crohn's disease, among other ailments.
  • Roche's Rituxan is used to slow the growth of tumors in several types of cancer.
  • Amgen/Pfizer's Enbrel is used to treat several autoimmune diseases.

What is biotechnology health?
Biotechnology - one such area of growth - is an umbrella term covering a broad spectrum of scientific applications used in many sectors, such as health and agriculture. It involves the use of living organisms, or parts of living organisms, to provide new methods of production and make new products.
Mar 8, 2006 Biotechnology and Human Health - Canada.ca

What can biotechnology be used for?
Specifically, industrial biotechnology uses enzymes and micro-organisms to make bio-based products in sectors such as chemicals, food ingredients, detergents, paper, textiles and biofuels. ... In the main, industrial biotechnology involves the microbial production of enzymes, which are specialised proteins.
Dec 2, 2015 10 Everyday uses of Biotechnology - CPI

What are some diseases that have been cured by biotechnology?
Approved biotechnology medicines already treat or help prevent heart attacks,stroke, multiple sclerosis, leukemia, hepatitis, congestive heart failure, lymphoma, kidney cancer, cystic fibrosis, and other diseases. These medicines use many different approaches to treat disease as do medicines currently in the pipeline.
Apr 26, 2013 900+ New Biotechnology Medicines Target Over 100 Diseases | PhRMA

Why are ethical considerations important in medical biotechnology?
The importance of ethics in medical biotechnology should remain a priority in research and development.
Research in medical biotechnology has led to increased knowledge of disease, acceleration of the treatment process, improved pharmacotherapy for infectious diseases and hope for the struggle against incurable diseases such as ALS, MS and Alzheimer's.
1 . The Importance of Ethics in Medical Biotechnology - NCBI - NIH

What are the types of biotechnology?
Types of Biotechnology
  • Medical Biotechnology. Medical biotechnology is the use of living cells and other cell materials for the purpose of bettering the health of humans.
  • Agricultural Biotechnology
  • Nutrient Supplementation
  • Abiotic Stress Resistance
  • Industrial Biotechnology
  • Strength Fibres
  • Biofuels
  • Healthcare
Red Health, Medical, Diagnostics
Yellow Food Biotechnology, Nutrition Science
Blue Blue Aquaculture, Coastal and Marine Biotech
Green Agricultural, Environmental Biotechnology – Biofuels, Biofertilizers, Bioremediation, Geomicrobiology
Brown Arid Zone and Desert Biotechnology
Dark Bioterrorism, Biowarfare, Biocrimes, Anticrop warfare
Purple Patents, Publications, Inventions, IPRs
White Gene-based Bioindustries
Gold Bioinformatics, Nanobiotechnology
Grey Classical Fermentation and Bioprocess Technology

Reference:
DaSilva, E. J. (2004). The colours of biotechnology: science, development and humankind. Electronic journal of biotechnology, 7(3), 01-02.
Kück, U., & Dinkel, N. F. (2015). Biotechnology. Berlin, Germany: De Gruyter.

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