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EU Commission Sets Out Plans For New Life Sciences Strategy

 
• By Ian Schofield

As well as planning action to improve the EU’s competitiveness in the life science sector, the European Commission has confirmed that it will propose new legislation to reduce the bloc’s reliance on overseas suppliers of medicines as a way of tackling drug shortages.

Microbiological bioreactor. Cultivation of microorganisms. Bio-fermentation. Bioengineering. Vaccine production. Creation of medicines. Pharmacology. Laboratory equipment. - Image
The European Commission has plans to boost the biotech sector • Source: Shutterstock

The EU is planning to establish a new Biotech Act as part of a life sciences strategy that will help to boost European competitiveness in this sector, according to a set of “political guidelines” presented on 18 July by Ursula von der Leyen, the newly re-elected president of the European Commission.

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