Nanobiotechnology merges nanotechnology and biotechnology to develop materials and devices for biological applications, providing opportunities in diagnostics, therapeutics, and tissue engineering. It utilizes nanoscale materials such as nanoparticles and liposomes for targeted drug delivery and disease treatment, while also raising ethical and safety concerns regarding their impact on health and the environment. Applications range from nanomedicine to molecular nanotechnology, aiming to advance the field of bioengineering significantly.