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Life Sciences Field is Booming in Vienna

Published: October 14, 2015; 17:30 · (Vindobona)

Nine percent revenue growth, five percent increase in the workforce and a large increase in business startups - Vienna as a location for life science businesses is attracting companies at a rate never seen before.

Life sciences field is booming in Vienna / Picture: © Flickr

In 2014 Viennese companies in the fields of biotechnology, pharmaceuticals, and medical products generated sales of just under €10 billion.

This equates to an increase of 9% compared to 2012. The number of workers employed increased by 5% in each of the last two years.

A strong startup dynamic is visible in this field; fully a third of the life science companies in…

This article includes a total of 85 words.

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