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OTTAWA, Dec. 16, 2020 (GLOBE NEWSWIRE) The global
red biotechnology market size surpassed at US$ 320.76 billion in 2019 and expected to reach US$ 510 billion by 2027, growing at a compound annual growth rate (CAGR) of around 6.13% during period 2020 to 2027.
Red biotechnology is a division of biotechnology that studies human health care and approaches of treatment by improvement of medicines such as antibiotics. Scientists involved in this technology carry out trials by controlling genes via germ line engineering in the embryonic phase and conducts gene therapy in adult patients. It emphases mostly on the pharmaceutical filed. Currently, red biotechnology has emerged as wide-ranging field using scientific research, covering the variety of improvement for medical implants and drugs, genetic engineering, and the cultivation of organs, cells and tissues for treatment and research of particular illness or injury. Red Biotechnology involves regenerative therapies, antibioti
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