Rivalry Intensifies In Europe For Biotech Funding, Product Development

U.K. biotech companies lead Europe in terms of funds raised and products in development in the first half of 2014, but other countries in the region are not far behind.

The U.K. biotech sector likes to talk up its leading position among European countries in terms of funds raised and products in development, but Britain’s lead isn’t all that secure - recent data from consultancy EY show life science companies based in other European countries are almost as successful as U.K.-based ones at attracting investment and R&D.

In EY’s 2014 “State of the [U.K.] Nation” report, released earlier this month, Swiss companies were in fact just ahead...

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