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New Biotech Lab Space up more than 50% since 2007 – (ARNA, ZIOP, GILD, MNKD)
Although, slow progress has been shown by much of the economy since the Great Recession the lifesciences industry continued to grow in Massachusetts, with the Route 128 corridor leading the way. The total of new biotech lab space in the suburbs west of Boston has shown growth of more than 50 percent since 2007, according…
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Global Biotechnology industry revenue to reach $228.6 billion this year, Report – (MNKD, ARNA, LXRX, PPHM)
The biotechnology industry continues to be one of the few bright spots in the uncertain economic landscape. The latest report from industry research firm IBISWorld says that Global Biotechnology industry revenue is expected to reach $228.6 billion in 2012, having risen at an average rate of 10.4% per annum over the last five years. The…