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Global Synthetic Biology Market to Expand at 32.60% CAGR till 2019 Thanks to Growing R&D Efforts

The global synthetic biology market will expand at a 32.60% CAGR during the forecast period from 2013 to 2019. In 2012, the global synthetic biology market was worth US$1.8 bn and by 2019, the market is expected to be worth US$13.4 bn. The global synthetic biology market is driven by the growing demand for improved drugs and vaccines.

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