More investment is needed across the bio-industries value chain from fundamental research to market uptake, say EU governments
Photo credits: ichimabi / BigStock
EU governments want to launch a European Life Sciences Investment Fund, as part of a coordinated strategy to make Europe an attractive place for private investment in research and innovation.
At a meeting in Brussels on September 30, research ministers approved Council conclusions on life sciences for EU competitiveness, which call on the European Commission to “explore the feasibility” of a dedicated fund through the European Investment Fund (EIF), part of the European Investment Bank Group.
“Strong and innovative life sciences are essential for the Union’s sustainable global competitiveness and sovereignty, security and autonomy, to ensure the health and wellbeing of European citizens, to tackle societal and environmental challenges and support the green…
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