Is the Biotechnology Industry Recession Proff?

Biotechnology is an age old science although not formally recognized as so. Initially it was only applied to produce alcoholic beverages, cheese, citric acid and substances similar to these. However, this industry came to be recognized as a major industry only during the end of the twentieth century. Much of the coming explosion in the biotech industry can be attributed to one key event during the 1990’s; that is the mapping of the human genome.