Boost for EU materials technology sector:
This article was originally published in Clinica
Executive Summary
Materials technology, a subject area that is critical to the future design of medical devices especially given growing environmental pressures, is to benefit from a new boost in the EU. The European Commission had agreed to support the chemical and biotechnology sector organisations, CEFIC and EuropaBio, in launching a Technology Platform on Sustainable Chemistry. This to establish a long-standing public-private partnership to increase investment on research and innovation and boost European competitiveness in this sector. Europe is a world leader in chemical products, holding 28% of the market, but its proportion of global trade has dropped by 4% over the last decade. As well as materials technology, the platform will address industrial biotechnology, and reaction and process design.