Biotechnology and life sciences contribute to the modernisation of European industry. They are used in a variety of industrial sectors such as healthcare and pharmaceuticals, animal health, textiles, chemicals, plastic, paper, fuel, food, and feed processing. Taking advantage of biotechnology helps the EU economy grow and provides new jobs, while also supporting sustainable development, public health, and environmental protection.
Life sciences and biotechnology EU strategy are part of the Europe 2020 strategy and of the Innovation Union flagship programme.
Life sciences and biotechnology EU strategy are part of the Europe 2020 strategy and of the Innovation Union flagship programme.
The contribution of Biotechnology to the EU economy
The main applications of biotechnology in the EU economy can be classified into three broad groups:
The main applications of biotechnology in the EU economy can be classified into three broad groups:
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Industrial dimension
The European Commission aims to identify and remedy obstacles to the biotechnology industry. As biotechnology is used in variety of economic sectors, it is necessary to analyse the market conditions in several different fields. These include biopharmaceuticals, chemicals and industrial processes, bio-based products, and agro-food applications. The Commission:
The Directorate-General for Internal Market, Industry, Entrepreneurship, and SMEs works on many policies which impact biotechnology.
They include:
The European Commission aims to identify and remedy obstacles to the biotechnology industry. As biotechnology is used in variety of economic sectors, it is necessary to analyse the market conditions in several different fields. These include biopharmaceuticals, chemicals and industrial processes, bio-based products, and agro-food applications. The Commission:
- implemented a broad strategy and action plan for the development of life sciences and biotechnology-based products between 2002 and 2010. This included setting priorities for better access to finance and technology transfer for biotechnology between 2007 and 2010
- made its life sciences and biotechnology strategy part of the Europe 2020 strategy and the Innovation Union flagship programme.
The Directorate-General for Internal Market, Industry, Entrepreneurship, and SMEs works on many policies which impact biotechnology.
They include:
Research & Innovation dimension and other resources
- Bioeconomy
- Biotechnology
- Bio-based Industries
- Innovative Medicines Initiative
- Intellectual Property
- EU-US Task Force on Biotechnology Research
- Bioeconomy Observatory (Joint Research Centre)
- GMO and genetic resources (Environment, agriculture, GMO and genetic resources)