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BRISBANE, Feb 2 Asia Pulse - Queensland's biotechnology industry was going through a boom growth period, Premier Peter Beattie said Sunday.
Mr Beattie said a Queensland Biotechnology Report compiled by Ernst&Young and commissioned by the government had forecast a rise in spending on research and development by 2005 with a corresponding increase in revenues.
He said the private and public biotech companies surveyed for the report had said they expected a 78 per cent increase in employment between 2003-2005.
"This report is yet a further sign ...