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Biosimulation Market (Drug Discovery & Development) Worth $1.2 Billion by 2017 - New Report by MarketsandMarkets
Date:10/26/2013

mall pharmaceutical companies. Pharmaceutical companies realize that integrating existing knowledge and using quantitative simulation methods offer significant savings in time, money and material over expensive in vitro and in vivo studies. The global market for biosimulation in terms of revenue was estimated to be worth $432.0 million in 2011 and is expected to reach $1.2 billion by 2017, growing at a CAGR of 18.50% from 2012 to 2017.

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