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View all search resultsAdvances in biotechnology have accelerated more than ever during the COVID-19 pandemic. Innovative techniques in the field allowed scientists to pioneer vaccines in a matter of months rather than years, bringing biotechnology to the forefront of scientific and technological development.
Biotechnology is looking to surpass the shares of chemically derived drugs and dominate the global pharmaceutical industry by 52 percent in 2027, according to data from the International Pharmaceutical Manufacturers Group (IPMG).
Holmes had vowed to revolutionize health diagnostics with self-service machines that could run an array of tests on just a few drops of blood, a vision that drew high-profile backers and made her a billionaire by the age of 30.
Innovation has always been a key driver for the biotechnology industry, and even as COVID-19 presents new headwinds to the drug development process, we believe that any disruption to health care innovation will be temporary. For this reason, our long-term investment outlook remains positive.
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