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Life Sciences Field is Booming in Vienna
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: © Vindobona.org
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…
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