The targeted protein degradation market is estimated to be worth $452 million in 2021 and is expected to grow at CAGR of 27% during the forecast period. Targeted protein degradation is a revolutionary pharmacological concept that presents viable drug development opportunities and is anticipated to introduce a new paradigm in modern therapeutic interventions. Due to various reasons, conventional drugs / therapies have been limited in terms of their capability to target certain proteins of pathological significance.

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