If you're interested in dealing with the wet lab side of these processes, the biggest immediate challenges will be amassing the underlying domain knowledge and credentials. Unlike in tech, industry labs care a lot about formal credentials, and it will be hard to find a real research position without at least a masters or PhD in the field. Ignoring credentialing, the biggest challenge is that you're trying to develop products in a space where the systems you're working in are not fully understood yet. This means that there is a lot more underlying uncertainty in everything you work on. You're also entering a highly regulated space if you're talking about therapeutics, which impacts development processes, timelines, and costs. There is a ton of room for innovation in the space and CRISPR is hot new tech, but expect everything to move substantially slower than in tech.
If you want to be a developer who works on bio-related problems, that's a totally different story. Frequently developers in bio are not as good as what you would find at a big tech company, so there is very high demand for people who know what they are doing and who also have the domain XP to understand the problems.
I would be happy to chat about it more in depth sometime.
That would be great. My understanding is very shallow, last bio class was in high school. But I'd be applying for admission in ~September or self learning on the side. My email is my username at gmail.