The biotechnology industry in the Asia-Pacific region is attracting more and more private investments in the wake of immense growth opportunities and vast untapped biotech markets, according to a new report from RNCOS titled Asia Pacific Biotechnology Market (2008-2012).
Identifying the future growth potential of the industry, the governments of different countries in the Asia-Pacific region are taking up various initiatives to promote research in this region. Overall, the Asia-Pacific biotech market is expected to spur future growth in the global biotechnology market.
16% CAGR forecast over 2010-2012
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