Research and experimental development on biotechnology

NACE code 72.11 covers the research and experimental development activities in the field of biotechnology. Biotechnology is a rapidly growing industry that leverages biological processes and organisms to develop new products and technologies. This industry plays a crucial role in advancing scientific knowledge, driving innovation, and addressing global challenges in areas such as healthcare, agriculture, and environmental sustainability. As a key component of the broader research and development (R&D) sector, the biotechnology industry is a significant contributor to the knowledge-based economy and a driver of economic growth.

The core activities within the biotechnology industry involve the use of various techniques and methods to study, manipulate, and apply biological systems and processes. This includes the use of advanced laboratory equipment, specialized software, and cutting-edge analytical tools to conduct experiments, test hypotheses, and develop new products or applications. Researchers in this field may employ techniques such as genetic engineering, cell culture, bioinformatics, and high-throughput screening to explore the potential of biological systems and drive scientific discoveries.

The biotechnology industry relies on a range of inputs to support its research and development activities. Key inputs include specialized laboratory equipment, such as bioreactors, centrifuges, and DNA sequencing machines; a skilled workforce of scientists, engineers, and technicians; access to biological samples and genetic materials; and a robust infrastructure for data management and computational analysis. Additionally, the industry requires a steady supply of raw materials, such as chemicals, reagents, and growth media, to facilitate the various experimental and production processes.

The outputs of the biotechnology industry can take many forms, including new drugs, therapies, and diagnostic tools for the healthcare sector; improved crop varieties, biofuels, and sustainable materials for the agricultural and environmental sectors; and a wide range of other innovative products and technologies. The outputs of the biotechnology industry are often consumed by other NACE codes, such as 21.10 Manufacture of basic pharmaceutical products, 20.13 Manufacture of other inorganic basic chemicals, and 01.11 Growing of cereals (except rice), leguminous crops and oil seeds.