The topic for last class was Biobusiness Revolution. We discussed the various opportunity areas under Biobusiness Revolution and its importance in today’s day and age. Biobusiness is subdivided into categories- Biomedical, Environmental and Industrial, and Agri-Veterinary and Food. As a whole, Biobusiness constitutes more than 25% of the Global GDP.
Biobusiness not only enhances the financial health of an economy but also helps the society in many ways. One of the major problems in developing countries is the poor healthcare facilities. Healthcare and Biomedical Science revolution helps tremendously in not only providing cures to diseases that previously were incurable but also making these medical facilities affordable to the poor. Even developing countries like the US face healthcare problems due to obesity. Nearly 34 percent of adults are obese, more than double the percentage 30 years ago. The share of obese children tripled during that time, to 17 percent. Obesity is a major risk factor for cardiovascular disease, certain types of cancer, and type 2 diabetes, and hence is a serious problem which needs to be tackled. Healthcare revolution focuses on prevention rather than cure. It follows the preventive approach. We also watched a video that focused on this topic.
Biobusiness is our best hope for achieving sustainable development. It has and will aid economic growth and development.
I would rate this session 8/10.
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