No fear, money is still being made and the forecast is around $13 billion, but this might indicate the biotech R and D is accelerating to other parts of the world, such as China. BD
Bangalore: After five straight years of rapid expansion, India’s biotechnology industry slowed to 20% growth in the year to March, down from more than 30% in the previous years, largely due to a rising rupee and price pressures in the global market.
http://www.livemint.com/2008/07/15215237/Biotech-growth-slows-for-first.html
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