Biotechnology policy

Biotechnology policy involves government rules and regulations that support the development and use of biological technologies, like genetic engineering, pharmaceuticals, and sustainable agriculture. These policies aim to promote innovation, ensure safety and ethical standards, protect the environment, and benefit public health. They guide research funding, approval processes, intellectual property rights, and international cooperation, balancing scientific progress with safety and societal concerns. Overall, biotechnology policy creates a framework that encourages responsible advancement in the field while managing risks and maximizing benefits for society.