The European Commission has launched a new strategy in an effort to make Europe more attractive place for life sciences by 2030. The strategy is supported by more than EUR 10 billion annually from the current EU budget, aiming to accelerate innovation, facilitate market access and build public trust in new technologies.
The Strategy is broken down into three sections: proposes the following actions:
1. Optimising the research and innovation ecosystem.
2. Enabling rapid market access for life science innovations.
3. Boosting trust, uptake and use of innovation.
The Commission will use EUR 300 million for life science innovation in areas such as climate change adaptation, next-generation vaccines and affordable cancer solutions. It will also set up a Life Science Coordination Group to align policies and funding across sectors, as well as support engagement with key stakeholders, including industry and citizens. The full strategy is available at:
