EU Governments Propose European Life Sciences Investment Fund to Boost Innovation
EU governments are planning to launch a European Life Sciences Investment Fund as part of a coordinated strategy aimed at making Europe a more attractive destination for private investment in research and innovation.
At a meeting in Brussels on September 30, research ministers approved Council conclusions focused on enhancing life sciences for the EU’s competitiveness. These conclusions call on the European Commission to explore the feasibility of establishing a dedicated fund through the European Investment Fund (EIF), which is part of the European Investment Bank Group.
Strong and innovative life sciences are essential for the Union’s sustainable global competitiveness, sovereignty, security, and autonomy. Such advancements are crucial to ensuring the health and wellbeing of European citizens, addressing societal and environmental challenges, and supporting the green transition.
The proposed investment fund is expected to play a key role in strengthening Europe’s position as a leader in life sciences and fostering long-term economic growth and resilience.
https://sciencebusiness.net/news/r-d-funding/life-sciences/eu-council-calls-life-sciences-investment-fund