Biotechnology is applied in genetic modifications and engineering and is currently used by the agricultural industry to innovate developments in crop yield and pest control. Agriculture and biotech help in feeding a growing society.
Genetic research and development helps to prolong the life of humans as well as provide greater insight into what causes genetic variation and evolutionary favorable qualities in living organisms through heredity and dominance of genes.
The pharmaceutical industry is funded heavily by the government and private organizations to research and develop cures and treatments for health conditions which effect the human body as well as seeking to prolong the human life span.
Bioengineering, also called biological engineering, is the study of the structure and components that make up living organisms and the genetic factors that cause life to take different routes along its evolutionary course.