From Lab Bench to Launch: The Biotech Commercialization Journey
· 11 min read
Biotechnology has become a familiar term in recent years, particularly because of the rapid development of COVID-19 vaccines like Moderna's mRNA-based platform. The term biotechnology was used for the first time by Karl Ereky in the early 1900s, when he used it to describe that merging of biology and technology. This idea is applied to several different industries, including within healthcare and medicine. Today, there are many large, successful biotech companies like Genentech, and newer, aspiring companies popping up hoping to drive the next innovation in medicine.