-The outsourcing of large pharmaceutical companies’ research programmes encounters growing difficulties
-Pace of innovation in biotech and pharma could decline considerably
-Biotech SME platform offers support for financing
The biotech industry is being hit twice as hard by the economic crisis. In addition to the general economic downturn, the largely dried-up equity market, which has massively complicated the usual equity financing through the stock exchange or venture capital, is causing problems for companies.