The pandemic brought the biotech industry into the limelight as companies rushed to launch a potential COVID-19 vaccine. Moreover, rising medical needs and chronic diseases are expected to drive more research and development in the biotech sector.
Biomanufacturing is also an integral part of the biotech industry. Frances Arnold, the President's Council of Advisors on Science and Technology's co-chair, said, "Biomanufacturing is integral to solutions for many of our national and global challenges, including resource utilization, climate change, economic stability, environmental justice, and improved health."
