Germany has a good chance of achieving a leading role in Europeanbiotechnology, moving into the lead in this key area by 2000, federal Research Minister Juergen Ruettgers has told the new German Biotechnology Industry Association in Bonn.
By 2000, some 70,000 extra biotechnoogy-sector jobs could be created, he said, adding that the framework conditions in Germany are "optimal," a belief that until recently has not been shared by the major drug groups. However, he added, the government wants to simplify approval procedures for new projects.
Chemical Industry Association president Juergen Strube said genetic engineering research could now be done in Germany under conditions almost comparable with the USA's, although there were serious differences over the release of genetically-modified organisms. Market specialists believe that biotechnology products will account for up to 25% of the total drugs market in the longer term, he said.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2025 | Headless Content Management with Blaze