Pharma industry could turn its back on Europe, warn KPMG commentators
27 March 2001
Europe is at risk of losing its position as a home for pharmaceuticalcompanies and becoming simply a market for their products, according to UK-based financial services group KPMG. It says that investment in Europe's pharmaceutical industry, and the jobs and revenues that go with it, could continue to decline as Europe's business environment drives companies to the USA and other regions.
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A clinical-stage oncology biotechnology company using its Helicon peptide platform to drug historically undruggable targets, with lead asset zolucatetide (FOG-001) advancing toward Phase III in Wnt/beta-catenin-driven tumors.
Pharma industry could turn its back on Europe, warn KPMG commentators
Europe is at risk of losing its position as a home for pharmaceuticalcompanies and becoming simply a market for their products, according to UK-based financial services group KPMG. It says that investment in Europe's pharmaceutical industry, and the jobs and revenues that go with it, could continue to decline as Europe's business environment drives companies to the USA and other regions.
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.
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