Nautilus

Chasing biotech across Europe

From a Feature by Barbara Nasto in Nature Biotechnology 26, 283 – 288 (2008): Europe’s biotech sector has tripled in size over the past decade, expanding to include 2,350 companies in 2006 compared with the 700 that existed ten years ago. At the highest political echelons, the European biotech industry enjoys the endorsement of its leaders, as demonstrated by the creation of the EU Life Science and Biotechnology Strategy in January 2002 and the Lead Market Initiative for Europe, announced early this year. But the difficulties that companies face in negotiating the EU’s bureaucratic machinery, the poor availability of risk 

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