Short facts - Swedish life science
- Currently, about 40 000 people in Sweden are employed in the Life Science industry.
- Swedish Life Science industry represents over 20 % of Swedish net export.
This means over 40 billion SEK in export revenues.
- The Swedish life science industry has had the most rapid growth of all sectors in Sweden during the last 10 years. It has a strong potential to become a new cornerstone in the Swedish economy.
- Sweden has over 800 life science companies involved in medical device, pharmaceutical delvelopment and biotech tools and supply.
- The Swedish life science companies are focused on development of pharmaceuticals and medicine, so called healthcare biotechnology.
- 33 pharmaceutical companies have 74 projects in Phase I-III (excluding AstraZeneca).
Read more in the Swedish Drug Development Pipeline 2009
- The dominating therapeutic category are infectious disease, cancer- related conditions and neurological disorders.
- The majority of clinical development projects by Swedish Life Science companies are chemically-produced candidates.
- Over 90% of the Life Science companies in Sweden have less than 100 employees
- There are three major Life Science clusters in Sweden:
- Stockholm-Uppsala Bioregion being the largest
- Medicon Valley around Malmö-Lund
- Medcoast around Gothenburg
Other centres with advanced biotechnology research and high quality companies include Linköping and Umeå.