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Stock impact report

Synthetic Biology Market To Reach USD 57.1 Billion By 2032, Report By DataHorizzon Research [Yahoo! Finance]

Thermo Fisher Scientific Inc (TMO) 
Last thermo fisher scientific inc earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, May 07, 2024 (GLOBE NEWSWIRE) -- Genomic advances such as DNA sequencing and gene synthesis drive the growth of the synthetic biology market. Advancements in genomic technologies, such as DNA sequencing and gene synthesis, are driving forces behind the growth of the synthetic biology market. The National Human Genome Research Institute (NHGRI) reports a remarkable reduction in the cost of sequencing a human genome, plummeting from approximately USD 100 million in 2001 to less than USD 1,000 in 2021. This substantial cost decrease has democratized access to genomic technologies, empowering researchers to design and manipulate biological systems with heightened precision and efficiency. Furthermore, the emergence of high-throughput sequencing technologies and automated DNA synthesis platforms has further propelled the expansion of the synthetic biology market. In addition to technological advancements, global demand for sustainable and eco-friendly product Show less Read more
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