What is CRISPR technology and why should you care?





The Human Genome Project (HGP) successfully mapped the entire human genome in a collaboration of twenty universities between 1990 and 2003. Today, fifteen years after the project culminated we are seeing the emergence of CRISPR technology, (clustered regularly interspaced short palindromic repeats) also referred to as gene editing. This has been in many ways a buzzword or ever since HGP was terminated, but the recent development has enabled us to have a much more concrete discussion about what we can expect from this technology, in terms of functionality, and what business implications this might have.

But first, letmetellyouaboutCRISPR
CRISPR is as mentioned gene-editing. The technology allows you to go into cells and change their DNA, similar to editing an Excel formula, or removing a hashtag from your Instagram post. You can enter the cells and “switch of” the genes that disposes you to certain diseases and potentially altering DNA to enhance human features. Although building on the work in HGP, CRISPR technologies were already introduced in the 1980s where scientists found that you could cut the DNA of bacteria by using certain proteins. The CRISPR/Cas System today consists of two parts: DNA sequences and the proteins used to cut and replace DNA strings. The proteins cuts and removes the unwanted DNA sequences and replaces them with new ones proved more efficient.


So why is this interesting, from a business perspective?
We have looked at two industries standing to be disrupted, if CRISPR technologies proves to be as promising as they are rumoured to be: Pharmaceutical and agricultural industries.
Pharmaceutical
Gene editing has the potential to revolutionize the pharmaceutical industry. Imagine taking a pill(s) that relieves you from any sickness you could be genetically disposed to. This includes anything from diabetes, allergies and potentially addiction. Providing the drug companies with a solid customer base and relieving governments of many patients we today spend trillions of taxpayers’ money to treat.
Agricultural
Gene-editing, or modifying rather is not a new technology. Evidenced by comparing both our farm animals to their wild relatives and cultivated plants to theirs we see clearly that humans have been genetically altering their surroundings for thousands of years, knowingly or not. This technology could also allow us to quickly and effectively alter our crops and animals according to our needs. Imagine altering your wine grapes temperature tolerance according to weather-forecasts for the coming season. Or lowering the energy needs of cows to sustain a healthy milk production.

Ethical dilemmas
As evidenced above, there are numerous ways this technology could be a disruptive force in the industries of tomorrow. However, there are three main ethical debates drug companies and others wanting to exploit this technology should consider:
How can this technology be distributed in a democratic way?
This technology entails amazing medicinal opportunities, and controlling its distribution would give any company almost infinite scarcity power, potentially making this a cure for the rich. This technology must be made available to people from around the world.
How can we avoid inappropriate use?                                                                                                     With great power comes great responsibility. This technology could potentially enable us to create “superhumans” making us smarter, stronger and faster. It is critical for those in control of the technology don’t allow it to create new classes of people: those who can and cannot afford a “IQ-pill”
What about germline modification?                                                                                                          Germline modification, or modifying eggs and embryos still in the womb entails a host of new ethical dilemmas we need to face on a societal level before we could utilize. Where and when do we draw the line for how this technology can be used?


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