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Life Sciences & Pharmaceuticals

Austria is investing heavily in biotechnology, one of the top growth sectors in the world. Austria has particular strengths in developing vaccines and drugs for diseases such as cancer and diabetes. New areas of specialism include personalized medicine, wearables, telemedicine and mHealth. Life Sciences and Pharmaceuticals from Austria – Surprisingly Ingenious 

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      Overview

      Medical history was written in the Austrian state of Tirol in 1951. This was where researchers discovered and produced the first acid-resistant penicillin. Today, around 190 million drug packages leave the pioneer’s plant each year, and the site is one of the largest manufacturers of antibiotics in the world. Austrian biotech companies are among the international leaders in the development of vaccines and new active pharmaceutical ingredients against life-threatening diseases. Their research rate is 21%.

      Facts and Figures

      Here you can find selected data on the importance of the Austrian Life Sciences and Pharmaceutical industry.

      Success stories  

      Whether traditional family companies or new start-ups, there are many companies in Austria which have proven themselves on the global markets with their products and services. You can read about their success stories here.

      New business opportunities

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