asiangamechina| The concept of synthetic biology opens low and moves high, Rhein Biotech's daily limit

May 14 newsasiangamechinaIn early trading, the concept of synthetic biology opened low and went high. Rhine Biotech (002166) had a daily limit, Jiahua shares hit the daily limit, Sanyuan Biotech, Fuxiang Pharmaceutical, Chengzhi shares (000990), Zhejiang Zhenyuan (000705), etc. quickly followed suit.

On the news front, data shows that the global synthetic biology market will reach US$9.5 billion in 2021, approximately US$15.1 billion in 2023, and is expected to reach US$30.7 billion in 2026. According to McKinsey analysis, the annual economic impact of synthetic biology is expected to reach 1.1 percent in 2030-40.asiangamechina.8 to $3.6 trillion.