Some fungus can be used for bioremediation, such as those for soil and water remediation. Ligninolytic fungi for example is known to produce enzymes which degrade polycyclic aromatic hydrocarbons in vitro
Cordyceps (Ophiocordyceps) sinensis, the Chinese caterpillar fungus or Cordyceps in brief, is an important medicinal fungus in Chinese herbal medicine with a wide range of health benefits and bioactivities. Because wild C. sinensis fungus (in the form of insect caterpillar-fungal fruiting body complex) is very expensive and rare in nature, mycelial fermentation has become the main source of C. sinensis fungal materials. Liquid or submerged fermentation of fungal mycelia has been widely exploited for large-scale production of C. sinensis mycelium biomass and exopolysaccharides (EPS).
Ganoderma lucidum is a large dark mushroom with glossy exterior and a woody texture that has a long history of health uses in China, Japan, and other Asian countries. Aside from being a health supplement, it has found useful in therapeutical applications such as supplementary cancer treatment
Monascus is a natural pigment producing microorganism that can be used for food, printer and textile dying. These pigments, which usually come in yellow, orange and red, also have antimicrobial properties which can be used in pharmaceutical industry
Aspergillus species are used for producing heterologous proteins and new industrial enzymes through submerged fermentation.
In Taiwan, Taiwanofungus camphoratus is a common medicinal fungi use in folk medicine and as detoxicant for food poisoning. It also has anti-inflammatory properties through its ethanol extracts.
Yeast is used to produce eukaryotic proteins for pharmaceutical industry and research purposes. Yeasts are suitable for these applications due to the ease of microbial growth and gene manipulation along with eukaryotic environment. Yeasts is also able to perform many eukaryote-specific posttranslational modifications, such as proteolytic, processing, folding, disulfide bridge formation, and glycosylation.