Innovative Approaches to Healthcare Lead to the Psychedelic Biotech Market's Inception
Seelos Therapeutics, Inc. (SEEL)
Last seelos therapeutics, inc. earnings: 5/21 05:12 pm
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Source: PR Newswire
NEW YORK, April 16, 2020 /PRNewswire/ -- The fast pace of technological change in the biotechnology industry and the shifting market demands require continuous innovation. This, in turn, puts pressure on companies to invest in Research and Development. As such, organizations such as the DBT (Department of Biotechnology), together with government-funded institutions and other autonomous organizations, represent the biotechnology sector and promote funding to support R&D and various new product development endeavors. The rise in demand for these therapeutics and diagnostic solutions on principles of red biotechnology, DNA sequencing, and recombinant technology is anticipated to help the industry grow even further. And, the increasing occurrence of diseases such as hepatitis B, cancer, as well as viral infections such as the current pandemic, push biopharmaceutical innovators to lead the charge in the fight against these ailments. In fact, several biotechs over the last month have made a
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