LISA - Life Science Austria’s Post

💡 Spotlight on Today's LISA Hero: Alexander Herzog 💡 Alexander is Secretary General at PHARMIG, the Association of the Austrian Pharmaceutical Industry. He is also Member of the Council at IFPMA - International Federation of Pharmaceutical Manufacturers & Associations and Member of the Advisory Board of LISA - Life Science Austria. 🎤 Alexander, what is your role in the Life Science ecosystem? 🔊 In PHARMIG, we represent the entire pharmaceutical industry in Austria, from small companies to large corporations, whether research or sales subsidiaries. We do everything in our power to strengthen Austria as a pharmaceutical location and to keep it internationally competitive. Because one thing is clear to us and we always focus on it: our industry, and therefore also the life science sector, are industries of the future. Strengthening them brings multiple benefits. 🎤 How do you perceive Austria as a location for life sciences? 🔊 We have a very good infrastructure in Austria, enormously committed and competent researchers and can therefore also compete internationally in the life science sector. There are many hidden champions in Austria that play a part in the global market or are even global market leaders. The life science sector is really leading the way here! 🎤 What are the trends you observe in the Life Science sector in Austria? 🔊 According to the latest media reports, the total volume of #investment has fallen from 1 billion Euro to 700 million Euro in 2023. At the same time we see a certain awareness at a political level that we have a vibrant and internationally competitive life science sector in Austria. It is therefore all the more important not to threaten this by investing less, but quite the opposite: to keep at it in order to remain internationally competitive. Photo Credit: © Stefan Csaky

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