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Nanomedicine - European Science Foundation

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28<br />

3. EUROPEAN SITUATION AND FORWARD LOOK – SWOT ANALYSIS<br />

Threats<br />

Funding and<br />

Strategic Issues<br />

Academic Research<br />

and Education<br />

Environment<br />

for Research<br />

and Development<br />

Commercial<br />

Exploitation<br />

Technology<br />

• EU and/or national<br />

bureaucracy limiting<br />

the best use of<br />

funding for research<br />

and innovation<br />

• Failure to respond<br />

quickly to the need for<br />

more multidisciplinary<br />

training targeted at<br />

<strong>Nanomedicine</strong>, leading<br />

to Inadequately trained<br />

workforce<br />

• Continued erosion of<br />

the <strong>European</strong><br />

pharmaceutical<br />

industry<br />

• Difficulties in<br />

managing intellectual<br />

property with many<br />

different national patent<br />

organisations. Poorly<br />

capitalised companies<br />

can lose their<br />

intellectual property<br />

base<br />

• Lack of scientific<br />

dissemination and<br />

truly interdisciplinary<br />

exchange in the field<br />

of <strong>Nanomedicine</strong><br />

• Continued<br />

fragmentation<br />

of efforts in the<br />

<strong>Nanomedicine</strong> field,<br />

particularly economic,<br />

political, and<br />

regulatory aspects<br />

• Increasing lack<br />

of science<br />

(under)graduates<br />

• Too many young<br />

researchers leaving<br />

Europe, particularly to<br />

USA via brain-drain<br />

• Pharmaceutical<br />

companies<br />

concentrating their<br />

research outside<br />

Europe<br />

• Inability to secure<br />

sufficient funding (and<br />

time) to commercialise<br />

innovative products<br />

• Mismatch between<br />

studies on toxicology<br />

of nanomaterials<br />

and <strong>Nanomedicine</strong><br />

researchers in certain<br />

sub-disciplines<br />

• Discrepancies<br />

between promises<br />

and facts in funding<br />

• Negative public and<br />

political perception.<br />

A different perception<br />

by the public on risks<br />

of the use of<br />

nanopharmaceuticals<br />

was noted, compared<br />

to the uses of<br />

nanotechnology in<br />

hi-tech products;<br />

e.g. computers and<br />

mobile telephones<br />

• Researchers<br />

becoming unwilling<br />

to take on high risk<br />

projects because of the<br />

need to generate data<br />

(success) for subsequent<br />

project evaluation<br />

• Overregulation<br />

and inadequate<br />

funding for small<br />

companies<br />

• Failure to consider<br />

the environmental<br />

impact of new materials<br />

• Failure to consider<br />

the safety of new<br />

materials in respect of<br />

proposed applications<br />

• Lack of a balanced<br />

understanding of<br />

the risk-benefit of<br />

<strong>Nanomedicine</strong>-related<br />

products in their many<br />

forms and applications

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