The increase in lifestyle and ageing-associated diseases that has paralleled a rise in drug development costs along with the financial constraints of the global economy is putting enormous pressure on the sustainability of healthcare systems.
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If Jane Austen was writing in the early 21st century in Europe, she could well have begun one of her novels with: It is a truth universally acknowledged, that a country in possession of a biotech sector, must be in want of a pharma company.
The societal and economic challenges facing Europe and the world are complex and interconnected. The Bioeconomy Strategy and Action Plan “Innovating for Sustainable Growth: a Bioeconomy for Europe”, which was adopted by the European Commission on 13 February 2012, offers a unique approach to addressing these challenges in a comprehensive way.