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Czech Republic - Biotech, Pharma and Life Science Channel

17:36 EST 18th February 2018 | BioPortfolio

Able to take advantage of a €2 European funding stimulus in 2009, the Czech Republic is one of Europe's top 5 centers for biotechnology companies. In just over decade, the Czech Republic has generated a leading bio-industry from nothing. There has been a lot of political support for the industry, including tax breaks for investors, research subsidies and help with training.

$500 million have been invested in Brno, for the development of a new biotech park, associated with Masaryk University. A partnership with the Mayo Clinic and construction of an International Clinical Research Centre have helped establish an international reputation for research. 

In 2005 there were 63 biotechnology companies and 220 biotechnology research entities in the Czech Republic, including the big pharmaceutical MNC's BoeRhinger Ingelreim, Ferring and Teva.

Source; Adapted from Fierce BioTech and Gate2BioTech and Czech Biotech DataBase

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News Articles [45 Associated News Articles listed on BioPortfolio]

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Companies [8 Associated Companies listed on BioPortfolio]

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Medical and Biotech [MESH] Definitions

Created 1 January 1993 as a result of the division of Czechoslovakia into the Czech Republic and Slovakia.

Created 1 January 1993 as a result of the division of Czechoslovakia into the Czech Republic and Slovakia.

Created as a republic in 1918 by Czechs and Slovaks from territories formerly part of the Austro-Hungarian Empire. The country split into the Czech Republic and Slovakia 1 January 1993.

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