The biotechnology industry has been booming for decades in the United States, Europe, and Japan, but recent advancements in both science and economic situations have the industry hitting a tipping point around the world. Australia, China, and South Korea have made tremendous strides in this competitive and highly-lucrative industry as the races to create the next batch of wonder drugs and miracle treatments hits a feverish pace.

This graphic by AssayDepot follows the money trail around the world, highlighting the newest batch of labs that are popping up across the globe. Click to enlarge.