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Biopharmaceutical Market Development, Trends, Demand and Forecast Till 2027

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First published at 12:40 UTC on June 16th, 2022.

IMARC Group

ivosmith98

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According to the latest report by IMARC Group, the global biopharmaceutical market reached a value of US$ 249.4 Billion in 2021. Biopharmaceutical refers to a pharmaceutical product that is generally manufactured using various biological sources, including living cells or organisms. Primarily developed in industrial and academic laboratories, it aids in the treatment of several diseases, such as cancers and metabolic disorders.

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