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Research and Development in Biotechnology (except Nanobiotechnology)

Research and Development in Biotechnology (except Nanobiotechnology)

NAICS Code: 541714

Establishments in the NAICS 541714 industry primarily engage in conducting research and experimental development in biotechnology, excluding nanobiotechnology. The core activities involve applying biological sciences to develop new or improved products or processes, such as pharmaceuticals, agricultural products, and industrial enzymes. This industry is distinguished from closely related industries by its focus on biotechnology research and development, rather than the production or commercialization of biotechnology products.

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