Biotechnology
Biotechnology (biotech) is the application of biological systems, living organisms or their derivatives to make or modify products and processes for a specific use. In the health sector it covers biologics (monoclonal antibodies, vaccines, recombinant proteins), cell and gene therapies, genetically modified organisms, genomic diagnostics and synthetic biology.
Biotech companies are typically research-intensive, venture-funded organisations that run early-phase clinical trials through CROs before partnering with or being acquired by larger pharmaceutical companies. Many operate across borders from day one, with a US parent and European subsidiaries or vice versa.
This profile creates a distinctive data protection footprint: large volumes of genetic data and health data, frequent international data transfers, heavy reliance on vendors, and a need to appoint an EU or UK Data Protection Representative when the company has no establishment in the region but recruits European patients. Investors and acquirers increasingly assess GDPR compliance during due diligence, making early governance a valuation issue rather than a cost centre.
No. Biotechnology covers applications that use biological systems, organisms or their derivatives to make or modify products or processes. Genetic engineering is one approach within that wider field. For a research programme, describe the actual technique and intended use rather than assuming every biotechnology activity involves modifying genes.
