I am citing an answer from the same Q that has been asked be4:
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Genetic Engineering creates new individual with high-resistant capabilities and High valuable characteristics. As the Environment possess some negative components like insects for crops, bacteria/viruses for animals etc., we should pursue the technique in order to make some antibiotics, medicines, and highly resistant species.
Positive impacts are very clear and simple, it would create some highly valuable species, which would survive in much better way than the natural one, but it may have some negative impacts like it needs more care, they are expensive, and it maybe hard to operate sometimes, as it deals at micro level
Hope this helps!
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