Abstract
Biotechnological applications in medicine, industry and agriculture allow the economic production of important products, thus influencing national economy and revenue. Genetic modifications on microorganisms, plants and animals are major techniques to produce a desirable trait or product in biotechnological applications. However, GMOs also give rise to severe debate on aspects such as safety and environmental impact of transgenic products. In general these controversies arise as a result of misinformation. Ethical, legal and socially acceptable aspects of GMOs are strongly influenced by social, economic and political conditions, owing to the strong economic impact of high incomes for biotechnology companies