This document summarizes the key ethical issues involved in genetic engineering and transgenics. It discusses how transgenics involves transferring genetic material between species and provides examples like creating disease-resistant crops. It then outlines some of the major ethical concerns regarding social impacts, health risks, environmental effects, and challenges to concepts of species boundaries. Intrinsic issues around creating new life forms and challenging what it means to be human are also examined. The document concludes by noting the debate around whether species boundaries are truly fixed or more fluid concepts.