Biotechnology in Hungary and the Region
Biotechnology in Hungary and the Region
Biotechnology in Hungary and the Region
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The Growth of Biotech Sector <strong>in</strong> <strong>Hungary</strong><br />
Accumulated ratios of Hungarian Red biotech <strong>and</strong> Bio<strong>in</strong>formatics<br />
sectors (2004-2008) (1)<br />
Total R&D spend<strong>in</strong>g <strong>and</strong> <strong>in</strong>vestment volume of<br />
Hungarian biotech sector (2004-2007) (2)<br />
Billion<br />
HUF<br />
10<br />
9<br />
8<br />
7<br />
Revenue<br />
Number of employees<br />
9,0<br />
Yearly average<br />
growth rate<br />
42%<br />
Billion<br />
HUF<br />
7<br />
6<br />
5<br />
R&D spend<strong>in</strong>g<br />
Investment<br />
Yearly<br />
average<br />
growth rate<br />
6<br />
5<br />
4<br />
4<br />
3<br />
2,7<br />
30%<br />
3<br />
2<br />
1<br />
0<br />
2,2<br />
1,000<br />
500<br />
2004 2008<br />
0<br />
100<br />
50<br />
19%<br />
2<br />
1<br />
0<br />
1,3<br />
1,2<br />
0,7<br />
2004 2007<br />
23%<br />
1<br />
Source: HBA <strong>and</strong> CONVINCIVE Consult<strong>in</strong>g, december 2009<br />
2<br />
Source: HBA <strong>and</strong> CONVINCIVE Consult<strong>in</strong>g, november 2008<br />
www.hungarianbiotech.org | 4.
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