Biotech at the tipping point. In which direction is the sector developing after the pandemic?
The German biotechnology industry can look back on a very successful year:
The raising of capital rises to 3.1 billion euros - an increase of
146 percent compared to the record year 2018 . However, as in previous
years, the financing in 2020 was primarily determined by individual
events. BioNTech and CureVac, both of which became
known to the general public with the development of vaccines against
COVID19, contributed more than half of the total risk capital raising
with 1.55 billion euros.
Two IPOs by companies CureVac and
Immatics in the USA. They took in 215 and 224 million euros
respectively, for a total of 439 million euros. The two new additions to
the stock exchange were partly responsible for the fact that the 23
listed companies were
able to record a significant increase in all key figures. In comparison
to the previous year, sales rose by 43 percent to 3.2 billion euros.
The number of employees increased by 18 percent to 13,995. When it comes
to spending on research and development, the
listed biotechs can even report growth of two thirds to 1.4 billion
euros.
Revenue, number of employees and spending on research and development are increasing significantly at listed biotech companies
Risk capital in Germany is increasing significantly - the United Kingdom is the European frontrunner
The
number of alliances is falling, but the financial volume for the at the
stock listed companies is increasing by 57 percent to 6.9 billion
euros.
7,8 Bill € are invested by the member companies of the
VFA (Association of research-based pharmaceutical companies) annually in
drug research in Germany. These also include subsidiaries of foreign
pharmaceutical companies such as Amgen or Daiichi Sankyo.
In Germany 19,000 employees were working in 2019 for the research and development of these pharmaceutical companies.
The
German pharmaceutical industry has brought 32 drugs with new active
ingredients on the market in 2020.That's seven more than in 2019.
The new drugs also include the first vaccine against Covid-19 and ten new anti-cancer drugs.
The German export of pharmaceutical products was increased since 2008 by almost 90% to over EUR 80 billion in the year 2019.
15% of all pharmaceuticals exported worldwide in 2019came from Germany. Based on these data the German Pharmaceutical industry belongs among the most important exporters. In
Europe follows France and Italy (6%), United Kingdom (4%) and Spain (2%).
While general German exports in the 2nd quarter of 2020 fell by a quarter due to the corona crisis,exports of pharmaceuticals rose
7% compared to the previous year.
4 Bill.Euros was the value of the pharmaceutical exports from Germany to China and India in 2019.In thisperiod the imports from these
regions were at around 2 billion Euros..