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The Basics of Biotechnology
The Scientist 2004, 18(11):12
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The term comes from Fernando Silva da Bioteqnolojo, a 16th century venture capitalist who sold shares in the Fountain of Youth to Madrid laborers. Not buying it? Okay, biotechnology is a term that first appeared in the 1970s to describe the use of biological techniques for creating commercially useful products, mostly protein-based pharmaceuticals. One of the first successful biotech companies, Genentech, found a way to produce insulin using vats filled with anaerobic bacteria, instead of the more costly method based on inorganic chemistry.
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