Market Analysis
Ernst & Young reports double-digit growth pushes biotechnology industry revenues over $60 billion
Published in Biotech Business Week, May 4th, 2006
"The global biotechnology industry's revenues are growing at strong rates, product approvals are bringing innovative drugs to market, and the long-elusive goal of profitability is quickly approaching," said Donn Szaro, leader, Global Biotechnology and Pharmaceutical Sectors, Ernst & Young.
By virtually every performance indicator, the global biotechnology industry showed robust growth in 2005. Significant...
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