It will help us cure cancer, rid us of the scourge of Alzheimer's, and make 100-year life spans routine. Not only that, but we will lead much healthier and more intelligent lives as a result.
I've followed this field for more than 20 years and have never seen so many advances coming so quickly.
Of course, a big part of that stems from the fact that we have passed the tipping point in other forms of cutting-edge tech the biosciences have adopted -- faster computers, better sensors and tiny digital circuits.
And now that we have a complete map of the human genome, biotech has reached critical mass. Add it all up and you have an unending series of advances that will redefine life in the Era of Radical Change.
To help make sense of the profound impact this will have on our lives, I have compiled a list of five firms that are pushing biotech into new realms.
Each has accomplished a major breakthrough. Take a look...
Biotech Firm No. 1: Spinal Cord TherapyTalk about a brilliant breakthrough. InVivo Therapeutics Holdings Corp. (OTC:NVIV) has a radical new way of treating spinal cord injuries (SCIs).
And it's moving fast. The firm expects to get FDA clearance to begin human trials later this year.