With rapid developments in biotechnology, primarily in areas like genetic engineering, synthetic biology, and gene editing, growing demand for personalized medicine, and regulatory support, the biotech industry is well-placed to experience significant growth in the foreseeable future.
Furthermore, increased government support through initiatives emphasizing the modernization of regulatory framework, improvements in approval processes & reimbursement policies, and standardization of clinical studies are driving the biotechnology market's growth.
[
add
]
[
|
|
...
]