Biotechnology is versatile and has been assessed a key area which has greatly impacted various technologies based on the application of biological processes in manufacturing, agriculture, food processing, medicine, environmental protection, resource conservation. This new wave of technological changes has determined dramatic improvements in various sectors since it can provide entirely novel opportunities for sustainable production of existing and new products and services. Environmental and economic benefits that biotechnology can offer in manufacturing, monitoring and waste management are in balance with technical and economic problems which still need to be solved.