The biotechnology Research and Development (R&D) market is a rapidly growing sector of the biotechnology industry. It involves the development of new products and technologies, as well as the improvement of existing ones. Companies in this market are typically focused on the development of new drugs, diagnostics, medical devices, and other biotechnological products. They also conduct research into the biological processes and mechanisms that underlie diseases and other medical conditions. R&D in biotechnology is often conducted in collaboration with universities, government agencies, and other organizations. This collaboration allows for the sharing of resources and expertise, and helps to ensure that the latest technologies and discoveries are being used. Some of the major companies in the biotechnology R&D market include Amgen, Biogen, Gilead Sciences, Johnson & Johnson, Merck, Novartis, Pfizer, and Roche. These companies are involved in the development of new drugs, diagnostics, and medical devices, as well as the improvement of existing ones. They also conduct research into the biological processes and mechanisms that underlie diseases and other medical conditions. Show Less Read more
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