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When Size Doesn't Matter

Detail of microscope lens © ADVANTAGE AUSTRIA

© ADVANTAGE AUSTRIA

11 January 2006

Small and medium-sized companies drive biotechnology in Austria.

Austria’s biotechnology sector is booming as a result of the establishment of over 100 small and medium-sized companies. While these small companies live in the shadow of the larger companies (such as Baxter, Novartis and Boehringer Ingelheim), they are driving innovation and firmly establishing a name for Austria in the world of biotechnology. The majority of these small/medium-sized companies are in the life science industry and —  according to Austrian Biotech Industry —  the life science industry will produce over a third of all innovations in the future.

The solid growth in the biotech industry has also been underpinned by Austria’s top quality research centres, universities and laboratories. More impressively the output of Austrian scientific publications has increased by 70% in the last year.

Please do not hesitate to if you wish to receive more information about the Austrian biotechnology industry or any of our leading biotech companies.
 

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