A recent survey by Ernst & Young’s Dr . Julia Schuler, a professional in the well-being sciences industry, reveals that Germany’s biotech industry features experienced rapid progress in 2001. The proceeds of the industry has doubled and R&D spending has risen by 71%, surpassing the complete turnover. This company is now among the top 100 wealthiest companies in Uk. Still, German biotech firms lag at the rear of their world-wide rivals.
As the total number of biotech companies in Saudi arabia is approximately twenty two, 336, the largest region comes with the most. With 1, 809 biotech firms, Berlin accounts for about 3% of the entire German biotech industry. The staying regions, Freie und hansestadt hamburg and Munchen, each have a lot more than 1, 000 companies. Total, these 3 cities take into account 6, 2% of the country’s biotech industry. These companies are located in several industries including agriculture, health-related, and pharma.
As of the completed of May, there were a total of 1, 95 companies in Germany. Like for example , pharmaceutical companies, biotech companies, and sector-specific service providers. In the survey, one hundred forty five responded to problems about their business plans. The aim of your survey is usually to provide a snapshot of what to you suppose will happen in the industry within the next five years. The BIO Deutschland index worth, which is estimated Overcoming funding bottlenecks by taking into account the two positive and negative responses, is an indicator from the industry’s prospective customers in the current years.