Biotech, short for biotechnology, refers to the use of living organisms, biological systems, or derivatives thereof to develop or create products, processes, or services that improve the quality of life and health care. It encompasses a wide range of techniques and technologies, including genetic engineering, molecular biology, cell culture, and bioprocessing. Biotech is used in various fields such as medicine, agriculture, and environmental science, promoting advancements in drug development, biofuels, and sustainable practices. The overarching goal of biotech is to harness biological systems to solve complex challenges and enhance the functionality of products and processes across different industries.
Oryzon Genomics' stock surged by 21% to 3.69 euros, marking a 140% increase this year, with market capitalization exceeding 230 million euros. The rise is driven by positive Phase IIa…