Botulinum Toxin Market Dynamics: The Role of Research and Development Investment
The global botulinum toxin market was valued at USD 11.1 billion in 2023 and is projected to expand with a compound annual growth rate (CAGR) of 9.8% from 2024 to 2030. Botulinum toxin, a neurotoxic protein produced by the bacterium Clostridium botulinum, functions as a selective blocker of acetylcholine release from nerve endings, thereby inhibiting neural transmission to muscles upon...
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