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R&D in biotechnology is profitable despite the lack of budget

According to the ASEBIO report of 2015, R&D represents 10% of GDP in Spain, exceeding 100,000 million euros per year and reaching the level of tourism contributions.









All despite the fact that, according to a COSCE report, in order to reach the 2009 budget level by 2026, a yearly increase in the budget for science 4.22% would be necessary, which does not seem likely considering that the budgetary increase in 2015 was only 2.7%.

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