Sales of U.S. biotechnology products are expected to reach nearly $26 billion dollars according to the research firm, Consulting Resources Corp. (Lexington, Mass.). Human therapeutics will continue to account for nearly 74% of total sales, with human diagnostics contributing another 13 percent, according to the analysts. Agriculture, specialties and non-medical diagnostic applications should make up the rest. U.S. Biotechnology Product Sales Forecast (millions of dollars) Human therapeutics 16800 19100 14 Human diagnostics 3100 3370 9 Non-medical diagnostics 400 460 15 You may use the Headline, Deck, Byline and URL of this article on your Web site. To link to this article, select and copy the HTML code below and paste it on your own Web site. U.S. Biotech Market To Reach $26 Billion This Year PharmaManufacturing.com is the site for knowledge, news and analysis for manufacturing and other professionals working in the pharmaceutical, biopharmaceutical and biotech industries.
Products & Services
Biotechnology services modify living microorganisms to provide biotechnology products on a contract or custom basis to medical, pharmaceutical, and scientific laboratories.
Biotechnology and Pharmaceutical Manufacturing Services
Biotechnology and pharmaceutical manufacturing services active pharmaceutical ingredients, sterilize biomedical components or materials, validate processes or packaging, and formulate drug or medicinal preparations on a contract basis.
Engineering Consulting Services
Engineering consulting firms provide engineering services and expertise to companies in need of a specialized skill-set. Professionals in this category work with clients to define solutions to problems or to help determine and recommend the best course of action for a given initiative.
Stability Chambers and Rooms
Stability chambers and stability rooms are temperature-controlled and humidity-controlled environmental units that provide stable conditions for storage and testing purposes.
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