Basel is “probably the most productive life sciences location in the world”
Two thirds of the value added attributable to the pharmaceutical industry as a whole in Switzerland is generated in the Basel Area, as revealed by an Interpharma report. However, the region also shines in an international comparison. Interpharma CEO René Buholzer regards it as “probably the most productive life sciences location in the world”.
Roche Tower in Basel (img: Mark Niedermann)
The association Interpharma has looked into the Swiss pharma cluster as part of a report and compared it with other international life sciences locations. The Basel Area is described in the report as the “leading pharma region of Switzerland”. According to information contained in the report, at a total of 24.5 billion Swiss francs, the area is responsible for generating two thirds of Switzerland’s pharma value added as a whole.
Numerous companies from the life sciences sector are located within the Basel Region. These include, for example, Novartis, Roche, Actelion, Bayer and Boehringer Ingelheim, among others. These companies not only cover the entire value chain of the pharmaceutical industry, but they are also active in the areas of medtech and biotech as well. According to the report, value added generated by the Basel Area pharma cluster has doubled in real terms over the past decade, with around 6,000 extra jobs having been created within the sector here as well. In 2018, a total of 32,000 people were employed in the life sciences sector in the Basel Area.
Companies located in the Basel Area are also highlighted in the report for being particularly innovative as well. The high intensity of research on the part of these firms is for example, reflected in the number of patent applications. In this context, in 2015, 108 patent applications were registered per million inhabitants in the pharma sector. The Basel pharma cluster, in tandem with Boston, therefore registered the most patent applications per million inhabitants in comparison with other pharma clusters. These top scores have even seen the Basel Region overtake life sciences locations such as the San Francisco Bay Area and Øresund in the area of pharma. According to René Buholzer, CEO of Interpharma, the Basel Region is “probably the most productive life sciences location in the world” overall.
The success of the Basel pharmaceutical sector is attributed to the favourable framework conditions, among other factors, in the report. Moreover, the presence of top-class colleges and universities such as the University of Basel and an offshoot of the Swiss Federal Institute of Technology in Zurich (ETH) also plays a significant role. Last but not least, the region’s proximity to Germany and France, to EuroAirport Basel-Mulhouse-Freiburg as well as to Switzerland’s Rhine ports is additionally highlighted.
Share this article
You may also be interested in
How Moderna is growing in Switzerland
The number one rule in real estate is “Location, Location, Location.” The global biotech company Moderna found its location in...Read More
Sandoz decides on Basel for headquarters
Sandoz AG will continue to have its headquarters in Basel as an independent company. The separation from Novartis is expected...Read More
VectivBio sold for approximately 1 billion dollars
The takeover of VectivBio is now being finalized: the Boston-based firm Ironwood Pharmaceuticals, which specializes in gastrointestinal medicine, has agreed...Read More
University of Basel and RocketVax present new Covid vaccine
Researchers from the University of Basel have developed a new concept for a Covid vaccine in collaboration with the biotech...Read More
Rami Swiss and Elbit Systems now manufacturing in Jura
The newly established company Rami Swiss has inaugurated a new production facility in Courtételle in the canton of Jura together...Read More
Basel to become Europe’s Silicon Valley of biotech
Silicon Valley is synonymous with technology and innovation, and home to dozens of Fortune 1000 companies and thousands of startups....Read More