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26 Sep 2014

Nordic Life Sciences Sector Overview 2014

The Nordic Life Sciences sector is, despite a relatively small combined population of ca 25 million inhabitants1,
well-developed and holds some of the world’s most innovative and promising projects in its pipeline.

The Nordic market is attractive for the Life Sciences sector from a number of perspectives e.g., high degree of education, well-known researchers, well-developed infrastructure, high innovation rate and established data registries.

The Life Sciences sector is important to the Nordic business environment with total annual revenue of €11.3 billion, of which €3.98 billion for biotechnology products and €7.30 billion for medical technology products2,3.

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