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2025-05-28 09:16:49 -

U.S. Biotechnology Market Focuses on Sustainable Biotech Applications

The U.S. biotechnology market was valued at USD 552.40 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 12.4% from 2024 to 2030. Government initiatives are playing a critical role in this growth by modernizing regulatory frameworks, streamlining approval and reimbursement processes, and standardizing clinical trials. Key institutions such as the...

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