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Caribbean Biopharma
Subtle differences exist between the terms ‘Biologic‘, ‘Biopharmaceutical‘ and ‘Biotechnology-derived medicine‘. That said the terms are often used interchangeably to mean medicines which have been produced using biotechnological methods. This less accurate but more conventional definition sees this group of products encompassing, recombinant therapeutic proteins, monoclonal antibodies and even more recently, products based upon nucleic acids (DNA and RNA). Underpinning this still novel and rapidly evolving industry is the applied science of biotechnology. The Organisation for Economic Co-operation and Development (OECD) in a 1999 paper posited that biotechnology was:
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