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Sales of Bioprocess Technology Set to Expand by 5x as Application in Biopharmaceutical Industry Rises: Future Market Insights

Sales of Bioprocess Technology Set to Expand by 5x as Application in Biopharmaceutical Industry Rises: Future Market Insights

Advances in Bioprocess Technology Market to Pivot Biological Product Development, Therapeutics Based on Recombinant Proteins Attract Investments: TMR

Share this article ALBANY, N.Y., March 9, 2021 /PRNewswire/  Bioprocess technologies are increasingly being harnessed by biopharmaceutical manufacturers to develop wide range of drugs and vaccines especially for human health. The strides in the bioprocess technology have been viewed by numerous countries to increase their competitiveness in the biopharmaceutical sector. The advent of new bioprocess engineering methods and technologies has enabled the industry players to develop new protein-based therapeutics and modify the existing ones. Rapid advances have been made in consumables and accessories, paving way to the commercialization of numerous biotech-derived products, including biologics. Advancement in technologies have also led to the production of commercial useful products in industrial microbiology.

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