Finland is ranked sixth in Europe in absolute numbers for life science companies. Approximately 10 percent of all European biotechnology companies are located in Finland. Most are SMEs specialising in innovative niche areas.

 “There are currently over 120 biotechnology companies in Finland. Of these, 75% were established in the 1990s, and new companies continue to spring up. More than half of the companies operate in the health sector, carrying out research and developing or manufacturing drugs, diagnostics, biomaterials or functional food. Finnish enzyme manufacturers have already staked a position in the international market. A few companies are engaged in plant biotechnology." - Finnish Bioindustries FIB

Biotechnology companies in Helsinki Region

• 65% of all the biotechnology personnel in Finland
• 67% of total sales of biotechnology products and services
  - Biotechnology in Finland/ Academy of Finland 11/02

The total number of healthcare technology companies in Finland is about 400. Of these more than 100 are located in Helsinki Region.

For further information
Finnish Bioindustries FIB
The Finnish Healthcare Technology Association
PharmaCluster Finland, national network of Finnish pharmaceutical players
Business incubators and facilities focusing on the life sciences