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Europe’s flawed and underfunded Biotech-ecosystem

Biotechnologya is important for Europe: the sector helps the economy grow and provides new jobs, while supporting public health. In 2015, more than 10.000 new jobs were created in the biotech industry in Europe and 93 medicines for human use were recommended for market authorisation by the European Medical Agency with 39 new active substances, most of which are biopharmaceutical products.

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