Spain's Biotech Boom: Catalonia's €407m R&D Investment Drives Growth
Spain's biotechnology sector is booming, with the country ranking third in clinical trial activity and Catalonia investing €407m in R&D funding. The AseBio Annual Report 2024 highlights strong momentum, while the BioSpain conference in Barcelona in September 2024 showcased the sector's international collaborations.
Catalonia, a leading life sciences hub in Europe, invested €407m in R&D funding in 2024, supporting 20 research and innovation centres. This region alone accounts for a significant portion of Spain's biotech growth, with a strong presence of companies and revenue.
The Spanish biotech sector expanded rapidly in 2024, with 66 new companies founded. This growth is reflected in the strong attendance at BioSpain 2025, which saw 2,400 visitors and 250 exhibitors, setting new records. The sector's international reach was evident at the BioSpain 2024 conference, where the United Kingdom served as the partner country, highlighting the importance of the British market to Spanish biotech companies.
Biotechnology is a strategic global asset worth over one billion euros in Spain, contributing significantly to the country's industrial growth and GDP. With strong support from regions like Catalonia, a thriving innovation ecosystem, and international collaborations, Spain's biotech sector is poised for continued success.
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