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Bio-Technology Commercialization

Biotechnology commercialization refers to the process of turning scientific discoveries in biology and technology into marketable products and services. This includes developing new medicines, vaccines, agricultural improvements, and biofuels from biological processes. Companies and researchers work together to conduct clinical trials, navigate regulatory approvals, and create business strategies to bring these innovations to consumers. Successful commercialization not only generates profits but also contributes to advancements in healthcare, food production, and environmental sustainability, ultimately benefiting society as a whole.