Date: June, 2007
Abstract: With the commercialization of plant biotechnology over the last decade, the value of the global seed market has risen enormously. Growth has been highest in the segment dominated by genetically modified crops that incorporate traits such as herbicide or insect resistance.
The growing importance of traits has led to significantly higher research and development (R&D) costs. The costs associated with biotech trait development are estimated in the range of USD 170 to180 million per ...
Research Type: Industry Note