European startups at the forefront of the fight against cancer
With nearly 1,500 entities, Europe hosts a larger number of cancer-related startups than the US
The report, New frontiers in oncology, shows that Europe is losing shares of patent applications in these high-growth areas of cancer innovation compared to the US and China, dropping on average 5 percentage points in the top three fastest-growing fields. However, it also finds that Europe is home to the highest number of oncology-related startups, with some 1 500 entities, compared to 1 325 in the US.
"In light of Mario Draghi's report on the future of European competitiveness, the findings of this study serve as a wake-up call for Europe's oncology innovation system,” said EPO President António Campinos. “As cancer-fighting technologies rapidly evolve and move in unexpected directions, Europe must respond to keep its competitive edge in healthcare innovation and save lives. Europe’s vibrant oncology startups are a bright spot, but they need investment and support to scale-up their inventions.”
European startups stronger in early growth phases
The study shows that among the EPO member states, the UK leads with 290 oncology-related startups, followed by France with 246 and Germany with 208. However, a sharp contrast emerges
in growth stages: While Europe has more startups in the seed and early growth phases, the US significantly outpaces Europe in scaling startups to the late-growth stage. Nearly 40% of US cancer-related startups have reached this advanced stage, compared to just 24% in the EU and under 27% in other EPO member states, highlighting the challenges that European startups face in scaling successfully.
Research centres and universities play key role in cancer innovation
Almost half of all patents from EU countries between 2010 and 2021 originated from universities, public research organisations or hospitals. Beyond direct patenting activity, over 12% of the EU’s cancer-related patent applications originated at research institutions but were filed by companies. In other EPO member states, research institutions contributed nearly 30% of all patents, with 6.4% filed by companies.
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