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Singapore grows biomedical industry in a decade

5 November 2013 Last updated at 10:09 GMT

To stay competitive, a country needs to constantly innovate.

Where the US has Silicon Valley, Singapore has Biopolis - a major biomedical research and development hub.

From almost nothing more than a decade ago, the sector has grown to account for a quarter of the country's manufacturing output.

The BBC's Sharanjit Leyl reports.

Watch more reports on Asia Business Report's website.

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