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Biotechnology
The biotechnology industry faces many challenges. There is a high level of risk associated with developing biotech innovations and experiments, and ensuring that costs are covered through patents and licensing deals. There are many ethical considerations associated with biotechnology as the use of genes increases, from how to protect patient privacy to social concerns, such as the controversy surrounding genetically modified crops and genetically modified organisms. Despite these challenges, developing pioneering health initiatives through biotech innovations has the potential to transform our future as we address global challenges including health, medicine, and agriculture.
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