global stem cell drug market to hit us125 bln in 2019 ceo
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Global stem cell drug market to hit US$12.5 bln in 2019: CEO

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Arab Today, arab today Global stem cell drug market to hit US$12.5 bln in 2019: CEO

Seoul - Yonhap

The global market for stem cell-based drugs is expected to reach US$12.5 billion in 2019 on strong demand from people suffering from incurable diseases, the head of a local drug firm said Tuesday. Kim Hyun-soo, CEO of FCB Twelve Co., which is expected to receive government permission to market the world's first stem-cell drug in early July, said in a press conference that the market is expected to grow rapidly in the coming years, fueled by demand from patients.

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