‘Biotech discoveries are answers to today’s challenges’

Biotechnology discoveries used in medicine, agriculture and industry give hope for solving the most important contemporary challenges, experts of the Polish Economic Institute (PIE), a Warsaw-based think tank, stated on June 3 in its biotechnology report. The authors of the report estimated that Polish companies spent $240 million on research and development in biotechnology in 2017, i.e., 200 times less than their counterparts in the US and six times less than those in Germany.