Global Plant-Based API Market Set to Reach USD 52,085.9 Million by 2034, Expected to Grow at a CAGR of 5.6% | Future Market Insights, Inc. [Yahoo! Finance]
Teva Pharmaceutical Industries Limited American Depositary Shares (TEVA)
Last teva pharmaceutical industries limited american depositary shares earnings: 2/13 04:01 pm
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Source: Yahoo! Finance
With CRISPR and synthetic biology, the U.S. rapidly scales plant-derived APIs for high-demand areas like oncology. NEWARK, Del, Nov. 14, 2024 (GLOBE NEWSWIRE) -- The global plant-based API market is expected to experience robust growth, with a projected value of USD 30,084.8 million in 2024, expanding at a compound annual growth rate (CAGR) of 5.6% through 2034, reaching an estimated USD 52,085.9 million by the end of the forecast period. The plant-based API market is rapidly gaining traction as consumers and pharmaceutical companies alike seek natural, sustainable alternatives to synthetic drugs. Plant-based APIs are derived from medicinal plants and herbs, harnessing the power of bioactive compounds found in nature to create therapeutic agents. This growing trend is being driven by the increasing demand for plant-based treatments and the benefits they offer in terms of sustainability, safety, and efficacy. Unlike their synthetic counterparts, plant-based APIs are extracted fro
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TEVA
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TEVA
Sec Filings
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