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| Metric | Value | Comments |
|---|---|---|
| Market Size (USD) | $1.5 Billion | Expected growth in pharmaceutical applications |
| Annual Growth Rate | 7% | Driven by increased R&D spending |
| Key Applications | Pharmaceuticals, Agronomy | Utilized in drug formulation and crop protection |
| Research Institutions Involved | 5 Major Institutions | Focusing on advanced material research |
| Upcoming Innovations | Nano-formulations | Enhancements in delivery methods |
| Number of Patents Filed | 30+ | Indicates significant innovation activity |