Asia pacific biotechnology market (2008-2012)
Posted By asiagender.net on July 26, 2010
Bharatbook.com is glad to announce a new report titled “Asia Pacific Biotechnology Market (2008-2012)”.
Asia Pacific Biotechnology Market
Key Findings
Growing at an estimated CAGR between 2004 and 2006, the expected value of Asia-Pacific Biotechnology market by 2006 end is more 39.16 Billion.
Japan, China, and Taiwan are the largest Biotechnology markets in the Asia-Pacific region that had market share of nearly 76% in 2006.
The Asia-pacific region will emerge as a key destination for
Biotechnology will play an important role in agriculture sector by developing large number
Biopharma industry, comprising of vaccines, therapeutics, diagonostics and other products, will emerge as a of the Asia-Pacific Biotech industry.
The Biotechnology industry in the Asia-pacific region is largely dependent on the very little private participation in most of the countries.
Lack of venture funding remains a major challenge companies.
The Contract Research industry in India could reach as high as US$ 270 Million by 2009.
The which was earlier accused of shielding its domestic companies, has now opened its doors for foreign
Opaque government policies and regulations in China are acting as a major hurdle for foreign participation in the biotechnology
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