Bacteriophage, or phages, are viruses that infect and replicate within bacteria. They were discovered in the early 1900s and are classified based on their nucleic acid and structure. Phages have either a lytic or lysogenic lifecycle - the lytic cycle kills the host bacteria to release new phages, while the lysogenic cycle integrates the phage DNA into the host genome. Phages have potential applications in medicine, biotechnology, and agriculture due to their ability to target specific bacteria.