Why are biotechnology companies interested in genetic information?
Biotechnology companies are interested in genetic information in
order to use genectic modification to create modifications in DNA
that result in new traits in an organism. For example, biotech
companies have created crops that are resistant to herbicides like
Glysophate, and ones that produce an insecticide within the plant
itself. Pharmeceudical companies are interested in genetic
information in order to use it to create new drugs.
Since patents can be obtained for the modifications, the
companies make profits from them and also have the protection that
for a number of years, no other company can use the patented
changes.