EUROPE’S LIFE SCIENCES OPPORTUNITY: A STRATEGIC VISION FOR GLOBAL LEADERSHIP

COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS
Choose Europe for life sciences
A strategy to position the EU as the world’s most attractive place for life sciences by 2030

 

Unlocking the potential of vibrant life sciences in the EU – a strategy for European life  sciences
The overall objective of this strategy is to position the EU as the world’s most attractive place for life sciences by 203021
. The strategy announces a series of actions to develop and implement over the coming years to foster a dynamic and competitive life sciences ecosystem.
Realising this vision necessitates coordinated action across the entire life sciences value chain – from R&I to market deployment and user uptake of safe and sustainable products and services.

It also requires working together with Member States and life science stakeholders to make the most effective use of investments, expertise and resources.

To achieve these goals, the strategy proposes action in three interconnected phases, which all underpin the ‘life science innovation journey’:
• optimising the R&I ecosystem to achieve a globally competitive life science sector:
through strengthened cooperation and optimised use of resources, promoting a holistic approach, using the power of data and AI, ensuring adequate skills and supporting a sustainable industry;
• ensuring smooth and rapid market access for life science innovations: through more innovation friendly regulation, use of the innovation principle as well as regulatory sandboxes, and better mobilisation of private and public investments;
• boosting the uptake and use of life science innovation: through better means to engage with citizens to beat disinformation and build trust, and to work closer with end-users to ensure adequate solutions for their specific needs