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Korean biotechnology industry to expand 20% by 2020
Published: 2008-01-21 07:00:00
Updated: 2008-01-21 07:00:00
Korea's biotechnology industry is expected to grow 19 percent by 2020 on an annual basis, the Korea Development Bank said recently.
According to the bank, Korea's biotechnology industry on an average has been growing at over 13 percent every year. From $800 million in 2000 the biotechnology industry here grew to record $2.7 billion in revenues in 2005.
It added that the Korea's engines o...
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