What are the most important trends in the biotech industry?
by SMEBOOK (admin) · January 18, 2021
The use of technology has greatly changed the way this industry works. The emergence of advanced computing technology enables companies to expand the scale of their research and improve efficiency in the manufacturing process. This has reduced the time it takes for biotech firms to bring new products to market.
In the past, clinical trials were a manual process, with trial participants going to a clinic in-person to receive treatment and writing their symptoms and side effects on paper. But technological advances have bypassed that tedious process.There has also been a demand for higher agricultural yields which has further cemented biotech rise in recent years.
SMEBOOK is reinventing the management of tech companies’ assets by providing a matchmaking algorithm capable of recommending partnerships according to needs and interests.