Diabetes research about to become the most important area of research for European pharma- and biotech companies
Sweden and Denmark have been identified as the biotech hotspots with highest productivity
For this study, the Novumed team consisted of 7 team members who investigated more than 4600 European biotech firms across 30 European countries (including Iceland, Slovakia, etc.). 1773 of these firms fell into the healthcare category (including services, diagnostics etc.) and only a total of 522 focused on the development of new drugs. An in-depth investigation of the 2552 R&D projects associated with these firms, revealed several interesting facts about the status quo of the European biotech industry.
Sweden, Denmark, Norway and Switzerland, for example, display a distinct strength in cultivating a productive R&D environment. In particular, when viewed in the context of their total number of inhabitants. In Sweden, a total of 54 biotech firms were identified, all of which have at least one compound in pre-clinical or clinical development. When seen in context with Sweden’s approximately 9 million inhabitants these numbers are indicative of extraordinary productivity. In Denmark, which is approximately half the size of (~ 5,4, million inhabitants) a total of 31 biotech firms with drug development focus were identified. In stark contrast to these countries, Germany displays only average productivity when compared with other European countries. The biggest European country can boast a total of 97 biotech firms with therapeutic R&D focus, topped only by the UK with 98 biotechs with therapeutic R&D focus. Given Germany´s 82,4 million inhabitants its R&D productivity is at best average.
With regard to the maturity of the respective company pipelines, Germany and the UK are again only average. Smaller countries like Ireland (~ approximately 4,2 Mio inhabitants) and Denmark (~5,4 Mio inhabitants) have been identified as the biotech regions with the highest number of compounds in clinical development. In both countries, the proportion of compounds in clinical development approximates 60%. The residual 40% of compounds are distributed across the early-development stages, pre-clinical and research.
If the attention is shifted from individual indications to entire therapy areas, oncology is with a total of 516 compounds under development the research field with the highest level of research activity in Europe. Oncology is followed by infectious disease (262 compounds under development), neurological/psychiatric disease (219 compounds under development), inflammatory disease (199 compounds under development), metabolic disease (128 compounds under development) and cardiovascular disease (104 compounds under development)
Other news from the department business & finance
Most read news
More news from our other portals
See the theme worlds for related content
Topic world Diagnostics
Diagnostics is at the heart of modern medicine and forms a crucial interface between research and patient care in the biotech and pharmaceutical industries. It not only enables early detection and monitoring of disease, but also plays a central role in individualized medicine by enabling targeted therapies based on an individual's genetic and molecular signature.
Topic world Diagnostics
Diagnostics is at the heart of modern medicine and forms a crucial interface between research and patient care in the biotech and pharmaceutical industries. It not only enables early detection and monitoring of disease, but also plays a central role in individualized medicine by enabling targeted therapies based on an individual's genetic and molecular signature.