‘The sector Life Sciences in the Netherlands is growing slowly. It is not a solid trend, but positive signs are noticable’, says Niaba at the well visited winter drinks on 1 Februari.

Besides a growth in number and size of the companies, life sciences companies close more deals and attract more investors. According to Niaba there are signs of improvement. Recently the government decided to diminish the administration and simplify the licences regulations. Plans to even more reduce the administrative burden will be discussed soon by the government. The government has made funds available for scientific research in top institutes as well as young companies.

The current speed of improvements is however insufficient to make the the Dutch life sciences sector grow on long term basis, according to Niaba. The growing Asian competition also plays an important role in this. ‘Companies more often build their research and production facilities outside Europe. This trend must be reversed,’ according to Niaba.

Source: Niaba