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Biotechnology in Hungary and the Region

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Strategic Goals of <strong>the</strong> Hungarian Biotech Sector<br />

Between 2010 <strong>and</strong> 2030<br />

Vision<br />

„By 2030, <strong>the</strong> Hungarian biotech sector becomes globally recognized as one of<br />

<strong>the</strong> outst<strong>and</strong><strong>in</strong>g European bioregions.”<br />

Goals<br />

Development of a self-susta<strong>in</strong><strong>in</strong>g biotech sector with critical mass of R&D <strong>and</strong> HR<br />

resources <strong>and</strong> capital fund<strong>in</strong>g. Establishment of a number of strong <strong>and</strong> profitable<br />

biotechnology firms. Contribution to <strong>the</strong> health <strong>and</strong> well-be<strong>in</strong>g of people <strong>in</strong><br />

<strong>Hungary</strong>, Europe <strong>and</strong> globally.<br />

Specific<br />

goals<br />

Number of biotech companies <strong>and</strong> employees grow 5-fold with 10% CAGR<br />

• Approx. 250 core biotech firms:<br />

• Approx. 2 500 core biotech employees<br />

Biotech company revenues grow 15-fold with 15% CAGR<br />

• Approx. € 400 mn<br />

Source: The Hungarian National <strong>Biotechnology</strong> Platform (2009)<br />

www.hungarianbiotech.org | 12.

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