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It does not if the the seeds have not been genetically modified and no cross pollination with genetically modified herbs occurs. To this date (February 21, 2012) it appears that no interest has been shown by companies who bio-engineer foods to genetically modify herbs. The interest seems to be focused on vegetables (corn and soybeans in particular) and trees (Papayas grown in Hawaii and other places), though other kinds of plants have also been genetically modified.

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Q: How does herbal medicine tie into biotechnology?
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