EU
govts urged to ensure R&D is converted into new businesses and jobs.
Yes, the intention is good.
“Governments in Europe need to do much more
to ensure R&D innovation in biotech industry is translated into new
businesses, new products and additional jobs”
And the
proposal is outstanding! Just look at this:
“The report surveyed 16 countries across
Europe and compares the tax concessions on offer in each country, financing
opportunities for small and medium-size enterprises, "and the benefits
that can flow from a decision to establish a start-up in a particular
location". It notes that the continent "has the potential to be a
world leader in the field of biotechnology" but "it is not enough to
have a good tax or finance system in place. The right policies and incentives
for R&D development are also essential to growth in this industry".
This is
exactly what we need to cross
the Death Valley – only start-ups, the partisans
in this area of drug development, can do that. I hope that the help will come!
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