Academia -Industry relationship The Academia-industry collaborations involve transforming an intelligent laboratory research into an industrial application of that knowledge, to provide goods and services for the society. The Bayh-Dole Act, enacted in 1980, details the rules and regulations for collaborations between private industry and research institutions, such as universities and since then, financial relationships between them have grown. In biomedical research, these relationships often pair academic research expertise and facilities with industry resources for technology transfer in order to bring innovations from the laboratory bench to hospital bed. These collaborations benefit society by leading to the development of new medical…

The potential use of genetic engineering, the alteration of the genetic material (i.e. DNA) in living organisms, for therapeutic purposes, or “gene therapy”, holds the promise of curing many diseases. The potential use of gene therapy as a preventative treatment for genetic diseases, however, has been controversial, primarily because such preventative measures may involve manipulating the embryo. The beginning of life is an event so universally cherished that any interventions made in this somewhat ambiguous period that marks the beginning of existence, even to prevent disease, is simply too sacrilegious to consider. Yet, at the rate that science is progressing,…