# France Nano Biotechnology Market

> France Nano Biotechnology Market Research Report: Size, Share, Trend Analysis By Applications (Pharmaceuticals, Medical devices, Medical research, Food and Agriculture) and By Therapeutics (Dental therapies, Cardiac therapies, Orthopedic therapies, Others) - Growth Outlook & Industry Forecast 2025 To 2035

- **Forecast Period:** 2025 - 2035
- **CAGR:** 9.6%
- **2024:** $ 275.21 Million
- **2025:** $ 301.63 Million
- **2035:** $ 754.52 Million
- **Key Players:** Amgen Inc (US), BASF SE (DE), Thermo Fisher Scientific Inc (US), Merck KGaA (DE), NantKwest Inc (US), NanoBio Corporation (US), Zymergen Inc (US), Abcam plc (GB)

**Report ID:** MRFR/LS/50084-HCR · **Pages:** 200 · **Author:** Rahul Gotadki · **Last Updated:** February 06, 2026

**URL:** https://www.marketresearchfuture.com/reports/france-nano-biotechnology-market-51842

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## Market Summary

## **France Nano Biotechnology Market Overview**

As per MRFR analysis, the France Nano Biotechnology Market Size was estimated at 209.4 (USD Million) in 2023.The France Nano Biotechnology Market is expected to grow from 229.5(USD Million) in 2024 to 791 (USD Million) by 2035. The France Nano Biotechnology Market CAGR (growth rate) is expected to be around 11.906% during the forecast period (2025 - 2035).

**Key France Nano Biotechnology Market Trends Highlighted**

Increased research and development efforts as well as an emphasis on sustainable practices are driving notable developments in the French nanobiotechnology market. Through a number of financial initiatives, the French government is encouraging biotechnology innovation, with a focus on nano-biotechnology.

By utilising the nation's robust academic institutions and research facilities, these programs seek to establish France as a leader in the sector. A thriving nano-biotechnology ecosystem is being fostered by the cooperation of public institutions and commercial businesses, which is improving the creation of new technologies.

There has been a noticeable movement in recent years towards applications in healthcare, especially in diagnostics and medicine delivery systems. In order to combat diseases like cancer, French biotech companies are investigating nanocarriers to increase therapy efficacy.

Companies are being pushed to innovate and create customised medicines using nanotechnology due to the increased demand for personalised medicine. The emphasis on eco-friendly nanomaterials, which complements France's dedication to sustainability and minimising its influence on the environment, is another noteworthy trend.

Initiatives to create biodegradable nanoparticles for a range of industrial uses demonstrate this dedication. The French market offers both new and established businesses a wealth of opportunities, particularly in industries like food safety and agriculture where nano-biotechnology can maximise yield and optimise resource use.

Increasing collaborations between government, business, and academia can advance research and application while solidifying France's place in the world of nanobiotechnology. Future investments and research orientations in this area are probably going to be driven by the focus on environmental and public health security challenges.

Source: Primary Research, Secondary Research, _Market Research Future_ Database and Analyst Review

**France Nano Biotechnology Market Drivers**

**Growing Investment in Research and Development**

The France Nano Biotechnology Market is experiencing significant growth due to increasing investment in Research and Development (R&D) activities. The French government has ambitious plans for biotechnology, aiming to allocate approximately 1.5 billion Euros for R&D in medical and sustainable biotech between 2022 and 2025.

This monetary support is intended to foster innovation and development in nano biotechnology which is crucial for creating advanced therapeutic solutions and medical devices. Institutions such as the French National Institute for Health and Medical Research (INSERM) and the French National Centre for Scientific Research (CNRS) play significant roles in this dynamic.

Their ongoing projects related to nanoscale applications in drug delivery and diagnostics enhance the French ecosystem, providing a solid foundation for the growth of the France Nano Biotechnology Market. The expected rise in R&D funding directly correlates with improvements in product efficacy and novel applications, thereby attracting more public and private sector investments in the market.

**Rising Incidence of Chronic Diseases**

The increase in chronic diseases in France significantly drives the France Nano Biotechnology Market. The French Ministry of Health has reported a 15% rise in the number of diagnosed diabetes cases over the past five years, indicating a growing patient population in need of innovative treatment solutions.

This surge in chronic illnesses has heightened demand for novel therapies, particularly those leveraging nano biotechnology for targeted drug delivery systems. Leading biopharmaceutical companies in France, such as Sanofi, are actively exploring nano-based therapeutic approaches, which supports the expansion of the market.

The innovative solutions provided by nano biotechnology promise to enhance treatment outcomes, thereby creating a strong market impetus.

**Technological Advancements in Nano Biotechnology**

Technological advancements in nano biotechnology are propelling the development of cutting-edge solutions within the France Nano Biotechnology Market. France is home to a vibrant tech ecosystem, especially seen in regions like Paris-Saclay, which boasts multiple startups and research centers focusing on nano technology.

The number of patents filed in nanotechnology has increased by approximately 20% over the past three years, according to the French National Institute of Industrial Property. These innovations facilitate the development of more effective, targeted therapies, driving demand from both healthcare institutions and pharmaceutical entities.

Established companies such as Pierre Fabre are investing in nano-based formulations that promise improved bioavailability and patient compliance, further fueling market growth.

**France Nano Biotechnology Market Segment Insights**

**Nano Biotechnology Market Application Insights**

The France Nano Biotechnology Market, specifically within the Application segment, is poised for dynamic growth, driven by advancements across various fields. Pharmaceuticals play a crucial role, particularly in drug delivery systems that enhance bioavailability and minimize side effects, thus improving patient outcomes.

This application is increasingly important due to the aging population in France, alongside rising healthcare costs, which drive the demand for efficient therapies. The Medical devices application is also significant, incorporating nanoscale technologies to develop diagnostic tools that offer high sensitivity and specificity.

Such innovations enable early disease detection, which is critical in managing health at both individual and public levels. Meanwhile, Medical research leverages nanobiotechnology to explore nanomaterials that can improve experimental methodologies, leading to breakthroughs in various health-related studies and novel therapeutic methods.

In the realm of Food and Agriculture, nano-biotechnology enhances crop yields and sustainability through the development of biodegradable nanomaterials for packaging and efficient nutrients delivery systems, addressing food security challenges in France.

Given the strategic emphasis by the French government on biotechnology and innovation, the region is becoming a hub for research and development initiatives within these applications.

The diverse utility of nanotechnology across pharmaceuticals, medical devices, medical research, and food and agriculture underscores its integral role in meeting current and future needs, promoting health advancements, and enhancing quality of life.

Source: Primary Research, Secondary Research, _Market Research Future_ Database and Analyst Review

**Nano Biotechnology Market Therapeutics Insights**

The Therapeutics segment within the France Nano Biotechnology Market is experiencing notable advancements, driven by the growing need for innovative treatment solutions in various medical fields. The rise in chronic diseases has led to an increased focus on targeted therapeutic approaches.

Dental therapies are gaining traction as nano-based solutions offer more precise delivery methods for medications, ensuring higher efficacy and reduced side effects. In the area of Cardiac therapies, the integration of nanotechnology is transforming treatment paradigms by improving drug solubility and bioavailability, ultimately enhancing patient outcomes.

Orthopedic therapies also significantly benefit from nanostructured materials, which play a vital role in tissue regeneration and repair, leading to improved surgical results and faster recovery times. Other therapeutic applications are equally critical, utilizing nanotechnology to address specific health issues across diverse fields, highlighting the flexibility and potential of this innovative approach.

Overall, the France Nano Biotechnology Market segmentation in Therapeutics emphasizes the potential of nanotechnology to revolutionize healthcare by offering safer and more effective treatment alternatives across its applications.

**France Nano Biotechnology Market Key Players and Competitive Insights:**

The France Nano Biotechnology Market is characterized by a diverse range of applications, including pharmaceuticals, diagnostics, and medical devices, demonstrating a robust growth trajectory fueled by innovative research and technological advancements.

In recent years, there has been a notable increase in the number of companies investing in nanotechnology, driven by rising healthcare demands and the necessity for cutting-edge solutions. With government support and funding from various public and private sectors, the market has become a hotbed for competitive activity.

The local landscape is marked by numerous players, each vying for a slice of the market through various strategic initiatives, including partnerships, collaborations, and mergers. As the focus on precision medicine and biopharmaceuticals intensifies, understanding the competitive dynamics within this market is crucial for stakeholders aiming to navigate and capitalize on the opportunities presented within France.

In this landscape, TheraGun has established itself as a significant player, particularly with its innovative range of percussive therapy devices. These products have gained traction in the health and wellness vertical, appealing to both consumers and professional practitioners alike.

TheraGun effectively leverages advanced technology to address muscle recovery and pain relief, positioning itself well within the French market. The company enjoys a strong brand presence backed by a commitment to research and development, ensuring its products are at the forefront of nanobiotechnology advancements.

Their approach emphasizes user-friendly design and effective performance, enabling them to build a loyal customer base. Additionally, the firm actively seeks collaborations with local health professionals and researchers to enhance its market reach and stay aligned with emerging trends in nano formulations and therapies, further solidifying its competitive edge in France.

Universal Biosensors brings an impressive portfolio of products and services tailored to the diagnostics sector, focusing on point-of-care testing solutions that utilize nanotechnology to enhance accuracy and efficiency.

The company has successfully positioned itself in the French market by providing innovative biosensors capable of delivering rapid and reliable results in various healthcare settings. By fostering partnerships and collaborations within the biopharmaceutical industry, Universal Biosensors has strategically increased its footprint in France.

Acknowledging the significance of technological advancement, they continue to invest heavily in R&D to refine their existing products and develop new applications for their biosensing technology. Additionally, the company is recognized for its strategic mergers and acquisitions that have allowed it to tap into complementary expertise and expand its product offerings, ultimately enhancing its market position.

Universal Biosensors' commitment to quality and innovation positions it favorably as a driving force within the evolving landscape of the France Nano Biotechnology Market.

**Key Companies in the France Nano Biotechnology Market Include:**

- TheraGun
- Universal Biosensors
- Lyonbiopole
- Haplogen
- Erytech Pharma
- NanoSyringe
- Pixium Vision
- Innate Pharma
- Adenium Biotech
- Bothnia Biotech
- Lydia Biosciences
- Nanobiotix
- Cellectis
- Genom'ic
- Biocorp

**France Nano Biotechnology****Market****Developments**

In the France Nano Biotechnology Market, several recent developments have emerged, showcasing the sector's dynamism. Noteworthy is Lyonbiopole’s announcement in September 2023 regarding a collaboration with various academic institutions aimed at advancing nanotherapeutics for oncological applications.

Concurrently, Erytech Pharma has been actively pursuing clinical trials for its innovative treatments, with results expected to drive growth within the market in 2023. In terms of mergers and acquisitions, Adenium Biotech announced in May 2023 its acquisition of a promising biotech startup, enhancing its R&D capabilities significantly.

Similarly, in June 2023, Cellectis revealed a strategic partnership with Innate Pharma to develop next-generation immunotherapies. Such collaborations are aimed at enhancing the capabilities of the players involved and fortifying France's position as a leader in nano biotechnology.

Furthermore, major players like Nanobiotix and Pixium Vision are reporting substantial growth in their market valuations, reflecting positive investor sentiment and a trend towards increased funding for nano-biotech innovations.

Over the past two years, regulatory support from the French government has bolstered the sector, encouraging investments and fostering a conducive environment for research and development activities.

**France Nano Biotechnology Market Segmentation Insights**

**Nano Biotechnology Market Application Outlook**

- Pharmaceuticals
- Medical devices
- Medical research
- Food and Agriculture

**Nano Biotechnology Market Therapeutics Outlook**

- Dental therapies
- Cardiac therapies
- Orthopedic therapies
- Others

## Market Drivers

### Expansion of Industrial Applications

The nano biotechnology market in France is witnessing an expansion in industrial applications, which is driving its growth. Industries such as pharmaceuticals, agriculture, and food processing are increasingly adopting nanotechnology to enhance product performance and safety. For example, the use of nanomaterials in drug formulations is improving bioavailability and reducing side effects. The agricultural sector is also leveraging nanotechnology for precision farming, which optimizes resource use and increases crop yields. The market for nanotechnology in agriculture is projected to grow by 15% annually, reflecting its potential impact. As industries recognize the benefits of integrating nanotechnology into their processes, the demand for innovative solutions is likely to rise, further propelling the nano biotechnology market in France.

### Growing Demand for Personalized Medicine

The shift towards personalized medicine is significantly influencing the nano biotechnology market in France. As healthcare becomes more tailored to individual patient needs, the role of nanotechnology in developing customized therapies is becoming increasingly vital. The market for personalized medicine is projected to reach €2 billion by 2026, with nanotechnology playing a crucial role in diagnostics and treatment. This trend is driven by advancements in nanodiagnostics, which allow for early detection of diseases at the molecular level. Consequently, the integration of nanotechnology in personalized medicine is expected to enhance treatment outcomes and patient satisfaction, thereby expanding the market. The French healthcare system's focus on innovative solutions further supports this growth, as stakeholders seek to improve healthcare delivery through cutting-edge technologies.

### Technological Advancements in Nanotechnology

The nano biotechnology market in France is experiencing a surge due to rapid technological advancements in nanotechnology. Innovations in nanomaterials and their applications in various sectors, including healthcare and agriculture, are driving growth. For instance, the integration of nanotechnology in drug delivery systems has shown promising results, enhancing the efficacy of treatments. The French government has recognized the potential of these advancements, allocating approximately €200 million to support research initiatives in nanotechnology. This funding aims to foster innovation and collaboration among academic institutions and private enterprises, thereby strengthening the nano biotechnology market. Furthermore, the increasing demand for precision medicine and targeted therapies is likely to propel the market forward, as these technologies become more accessible and effective.

### Increased Funding for Nanotechnology Research

In France, the nano biotechnology market is benefiting from increased funding for research and development initiatives. The French government, alongside private investors, is channeling substantial resources into nanotechnology research, with an estimated €150 million allocated for the next fiscal year. This funding is aimed at fostering innovation and supporting startups focused on nanobiotechnology applications. The emphasis on research is likely to lead to breakthroughs in various fields, including drug development and environmental sustainability. As a result, the market is expected to expand, with new products and solutions emerging from these research efforts. The collaboration between public and private sectors is crucial in driving this momentum, as it enhances the overall ecosystem for nano biotechnology in France.

### Rising Environmental Concerns and Sustainability

The growing awareness of environmental issues is shaping the nano biotechnology market in France. As sustainability becomes a priority, the demand for eco-friendly solutions is increasing. Nanotechnology offers innovative approaches to address environmental challenges, such as pollution and waste management. For instance, nanomaterials are being developed for water purification and soil remediation, which could significantly reduce environmental impact. The French government is actively promoting sustainable practices, with initiatives aimed at integrating nanotechnology into environmental solutions. This focus on sustainability is likely to drive the growth of the nano biotechnology market, as industries seek to adopt greener technologies. The potential for nanotechnology to contribute to a circular economy further enhances its appeal in addressing environmental concerns.

## Future Outlook

The [Nano Biotechnology Market](https://www.marketresearchfuture.com/reports/nano-biotechnology-market-10593) in France is projected to grow at a 9.6% CAGR from 2025 to 2035, driven by advancements in drug delivery systems, diagnostics, and sustainable materials.

**New opportunities:**

- Development of targeted drug delivery systems utilizing nanoparticles.
- Expansion of nano-enabled diagnostic tools for early disease detection.
- Investment in sustainable nanomaterials for eco-friendly applications.

By 2035, the nano biotechnology market is expected to achieve substantial growth and innovation.

## Segment Insights

### By Application: Pharmaceuticals (Largest) vs. Medical Devices (Fastest-Growing)

In the France nano biotechnology market, the application segment is primarily driven by pharmaceuticals, which holds the largest share due to the increasing demand for advanced therapeutic solutions and drug delivery mechanisms enabled by nanotechnology. Medical devices have emerged as a significant player, showcasing rapid growth as they incorporate nanomaterials for enhanced functionality and performance, thus catering to the evolving healthcare needs.

The growth trajectory of this segment is propelled by continuous research and development focused on nanotechnology applications in medicine and agriculture. Innovations in drug formulations and diagnostic tools are anticipated to lead the market forward. Additionally, the integration of nanostructures in food safety and agricultural applications is expanding, enhancing productivity and safety standards in food production and medical devices.

Pharmaceuticals: Dominant vs. Medical Devices: Emerging

Pharmaceuticals remain the dominant application in the France nano biotechnology market, primarily due to their ability to leverage nanotechnology for improved drug formulations and delivery systems. The sector benefits from extensive research, leading to the development of targeted therapies and personalized medicine, which cater to specific patient needs. Conversely, medical devices are categorized as an emerging segment, as they are increasingly incorporating nanomaterials to enhance performance, biocompatibility, and efficacy. This growth is fueled by technological advancements and a rising focus on innovative healthcare solutions, ensuring that medical devices are becoming integral components in treatment protocols and diagnostics.

### By Therapeutics: Dental Therapies (Largest) vs. Cardiac Therapies (Fastest-Growing)

Dental Therapies hold the largest share within the therapeutics segment, reflecting the increasing demand for innovative and effective treatment methods in oral healthcare. In contrast, Cardiac Therapies are on an upward trajectory, rapidly gaining market presence due to advancements in nanotechnology that enhance cardiovascular treatment options and patient outcomes.

The growth trends in the therapeutics segment are shaped by a combination of technological innovations, rising healthcare investments, and the increasing prevalence of chronic conditions. Enhanced delivery systems provided by nanotechnology are revolutionizing therapeutic efficacy, particularly in targeted treatments for cardiac and dental applications, expected to drive further growth and engagement in the France nano biotechnology market.

Dental Therapies (Dominant) vs. Cardiac Therapies (Emerging)

Dental Therapies represent a well-established and dominant component of the therapeutics segment, focusing on cutting-edge solutions for oral diseases and conditions. This includes applications such as nano-enabled restorative materials and targeted drug delivery for periodontal diseases. On the other hand, Cardiac Therapies are emerging with significant promise, highlighting the transformative potential of nanotechnology in cardiac care. These therapies are designed to improve drug delivery efficiency and reduce associated side effects, responding to the urgent need for innovative solutions in treating cardiovascular diseases. The evolving landscape of these therapies emphasizes personalized medicine and enhanced treatment precision, widening their appeal in healthcare.

## Competitive Benchmarking

The [nano biotechnology market](https://www.marketresearchfuture.com/reports/nano-biotechnology-market-10593) in France is characterized by a dynamic competitive landscape, driven by innovation, strategic partnerships, and a focus on sustainability. Key players such as Amgen Inc (US), BASF SE (DE), and Thermo Fisher Scientific Inc (US) are at the forefront, each employing distinct strategies to enhance their market presence. Amgen Inc (US) emphasizes innovation in therapeutic applications, while BASF SE (DE) focuses on integrating sustainable practices into its product development. Thermo Fisher Scientific Inc (US) is leveraging digital transformation to optimize its operations, thereby enhancing its competitive edge. Collectively, these strategies contribute to a robust competitive environment, fostering growth and technological advancement within the sector.
In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance efficiency and responsiveness to market demands. The competitive structure of the nano biotechnology market appears moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for a diverse range of innovations and applications, although it also necessitates strategic collaborations among companies to maintain competitive advantages.
In October 2025, Amgen Inc (US) announced a partnership with a leading French research institution to develop novel nanomedicine therapies aimed at treating chronic diseases. This collaboration is strategically significant as it not only enhances Amgen's research capabilities but also positions the company to tap into the growing demand for targeted therapies in the European market. Such partnerships are likely to accelerate innovation and improve patient outcomes, thereby reinforcing Amgen's market position.
In September 2025, BASF SE (DE) unveiled a new line of biodegradable nanoparticles designed for agricultural applications. This initiative reflects BASF's commitment to sustainability and innovation, addressing the increasing demand for eco-friendly solutions in agriculture. The introduction of these nanoparticles is expected to enhance crop yields while minimizing environmental impact, thereby aligning with global sustainability goals and potentially expanding BASF's market share in the agricultural sector.
In August 2025, Thermo Fisher Scientific Inc (US) launched a new digital platform aimed at streamlining the research and development processes for nano-based products. This platform integrates advanced analytics and AI capabilities, allowing researchers to optimize their workflows and accelerate product development timelines. The strategic importance of this launch lies in its potential to enhance operational efficiency and foster innovation, positioning Thermo Fisher as a leader in the digital transformation of the nano biotechnology sector.
As of November 2025, current competitive trends indicate a strong emphasis on digitalization, sustainability, and AI integration within the nano biotechnology market. Strategic alliances are increasingly shaping the landscape, enabling companies to leverage complementary strengths and resources. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This shift underscores the importance of adaptability and forward-thinking strategies in navigating the complexities of the market.

## Recent News & Developments

In the France Nano Biotechnology Market, several recent developments have emerged, showcasing the sector's dynamism. Noteworthy is Lyonbiopole’s announcement in September 2023 regarding a collaboration with various academic institutions aimed at advancing nanotherapeutics for oncological applications.

Concurrently, Erytech Pharma has been actively pursuing clinical trials for its innovative treatments, with results expected to drive growth within the market in 2023. In terms of mergers and acquisitions, Adenium Biotech announced in May 2023 its acquisition of a promising biotech startup, enhancing its R&D capabilities significantly.

Similarly, in June 2023, Cellectis revealed a strategic partnership with Innate Pharma to develop next-generation immunotherapies. Such collaborations are aimed at enhancing the capabilities of the players involved and fortifying France's position as a leader in nano biotechnology.

Furthermore, major players like Nanobiotix and Pixium Vision are reporting substantial growth in their market valuations, reflecting positive investor sentiment and a trend towards increased funding for nano-biotech innovations.

Over the past two years, regulatory support from the French government has bolstered the sector, encouraging investments and fostering a conducive environment for research and development activities.

## Report Scope

| MARKET SIZE 2024 | 275.21(USD Million) |
| --- | --- |
| MARKET SIZE 2025 | 301.63(USD Million) |
| MARKET SIZE 2035 | 754.52(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 9.6% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| Market Forecast Period | 2025 - 2035 |
| Historical Data | 2019 - 2024 |
| Market Forecast Units | USD Million |
| Key Companies Profiled | Amgen Inc (US), BASF SE (DE), Thermo Fisher Scientific Inc (US), Merck KGaA (DE), NantKwest Inc (US), NanoBio Corporation (US), Zymergen Inc (US), Abcam plc (GB) |
| Segments Covered | Application, Therapeutics |
| Key Market Opportunities | Advancements in targeted drug delivery systems enhance therapeutic efficacy in the nano biotechnology market. |
| Key Market Dynamics | Rising investment in Research and Development drives innovation in the nano biotechnology market, enhancing competitive dynamics. |
| Countries Covered | France |

## Frequently Asked Questions

**Q: What is the current valuation of the nano biotechnology market in France as of 2024?**
A: The market valuation was $275.21 Million in 2024.

**Q: What is the projected market valuation for France's nano biotechnology sector by 2035?**
A: The projected valuation for 2035 is $754.52 Million.

**Q: What is the expected CAGR for the France nano biotechnology market during the forecast period 2025 - 2035?**
A: The expected CAGR during this period is 9.6%.

**Q: Which companies are considered key players in the France nano biotechnology market?**
A: Key players include Amgen Inc, BASF SE, Thermo Fisher Scientific Inc, Merck KGaA, NantKwest Inc, NanoBio Corporation, Zymergen Inc, and Abcam plc.

**Q: What were the valuations for the pharmaceuticals segment in 2024?**
A: The pharmaceuticals segment had valuations of $82.56 Million and $224.12 Million.

**Q: How did the medical devices segment perform in 2024?**
A: The medical devices segment recorded valuations of $55.56 Million and $150.12 Million.

**Q: What is the projected growth for the food and agriculture segment in the nano biotechnology market?**
A: The food and agriculture segment is expected to grow from $70.97 Million to $200.94 Million.

**Q: What are the projected valuations for dental therapies in the therapeutics segment?**
A: Dental therapies are projected to grow from $30.0 Million to $80.0 Million.

**Q: What is the expected performance of cardiac therapies in the therapeutics segment?**
A: Cardiac therapies are expected to grow from $50.0 Million to $150.0 Million.

**Q: What is the anticipated growth for orthopedic therapies in the therapeutics segment?**
A: Orthopedic therapies are projected to increase from $40.0 Million to $120.0 Million.


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