The life sciences industry was growing before 2019. Then COVID hit, and things took off. 

Within the space, a relatively immature sector called biomanufacturing is exploding today, according to Spencer Levy, chairman of Americas Research for CBRE and senior economic advisor for CBRE on the company’s Weekly Take podcast. Biomanufacturing uses biological systems to construct commercially-relevant biomaterials to add to medicine, industrial applications and the food and beverage industry.

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