By 2018 , the synthetic biology sector is predicted to be worth $ 11.9bn . The technology can be used for genetic modification in humans , and has additional applications in the manufacturing of food , pharmaceutical and industrial materials . But concerns are raised about the lack of governance and transparency in the sector . For now , scientists are expected to be the ones that begin implementing rules for the sector , as well as the governments which have participated in their work .
By 2018, the synthetic biology industry is predicted to be worth $11.9bn. The technology can be used for genetic modifications in humans, and has additional applications in the manufacturing of food, cosmetics and industrial materials. But concerns are growing about the lack of governance and regulations in the sector. For now, scientists are expected to be the ones that begin outlining rules for the sector, as well as the governments which have invested in their work.