CEbiotech.com - Central European Biotechnology Portal
be visible on the BioBusiness market                  ISSN 2300-0228
SMEs – the driving force of pharma industry in European Union

SMEs – the driving force of pharma industry in European Union

Publish date: 2013-03-08

Recently, European Medicines Agency (EMA) has presented annual report from the SME office 2012 summering outcomes of 7 years of Small and Medium-Sized Enterprises (SMEs). According to it, in 2012, the number of companies assigned as SME status increased by 62% compared to previous year proving rapid development of this sector and as so are recognized as major driving force if innovation in the pharmaceutical industry.

Tags: pharma , europe , SMEs , EMA

What are SMEs?

First of all, it has to be noticed that definition of SMEs are different from country to country. European Commission unified the definition for EU member states defining three broad parameters:

  • Micro- entities with up to 10 employees,
  • Small companies employing up to 50 workers,
  • Medium-sized companies with up to 250 staff members.

Another criteria is the annual turnover not exceeding 50 million euro and an annual balance sheet total not exceeding 43 million euro. Anything larger than 250 employees or not
fulfilling above conditions is regarded to be a large enterprise.

What is the impact of SMEs in pharmaceutical industry?

The majority of registered companies are devoted to medicinal products for human use (over 75 %), around 5% of total share is represented by veterinary  companies, over 5% corresponds to enterprises developing in both products and remaining and remaining 15% are service providers. The size of 41% of registered companies in pharmaceutical industry is still micro-sized with less than 10 employees. The majority of SMEs in this sector are devoted to R&D stage. Second most abundant are academic spin-offs (13%).

How SMEs benefit from registration at EMA?

The main goal is to facilitate communication between SMEs to efficiently monitor their needs and organise workshops and training for them since their size is often limiting factor for rapid development by their own.

Among incentives offered to SMEs in pharmaceutical sectors several are of high importance. Especially administrative and procedural assistance is appreciated. Moreover, fee reductions for e.g. scientific advice, scientific services and inspections and inclusion in the public SME register are also crucial.

 

Even though, pharmaceutical industry is still recognized as dominated by enormous enterprises often referred as big-pharma the role of SMEs is finally appreciated and supported with number of government programmes. According to the annual report the tendency is growing, therefore, fuelling the innovative market of products in this sector.

 

By Jacek Plewka

Sources:

Annual Report from the SME Office 2012

 

Comments:

Add comment
Guest
2018-10-08 16:14:20 +0200
After being in relationship with Wilson for seven years,he broke up with me, I did everything possible to bring him back but all was in vain, I wanted him back so much because of the love I have for him, I begged him with everything, I made promises but he refused. I explained my problem to someone online and she suggested that I should contact a spell caster that could help me cast a spell to bring him back but I am the type that don't believed in spell, I had no choice than to try it, I meant a spell caster called Dr Zuma zuk and I email him, and he told me there was no problem that everything will be okay before three days, that my ex will return to me before three days, he cast the spell and surprisingly in the second day, it was around 4pm. My ex called me, I was so surprised, I answered the call and all he said was that he was so sorry for everything that happened, that he wanted me to return to him, that he loves me so much. I was so happy and went to him, that was how we started living together happily again. Since then, I have made promise that anybody I know that have a relationship problem, I would be of help to such person by referring him or her to the only real and powerful spell caster who helped me with my own problem and who is different from all the fake ones out there. Anybody could need the help of the spell caster, his email: spiritualherbalisthealing@gmail.com or call him +2348164728160 you can email him if you need his assistance in your relationship or anything. CONTACT HIM NOW FOR SOLUTION TO ALL YOUR PROBLEMS
Guest
2016-10-03 09:37:36 +0200
How i got my Husband back Thanks to Lord Alika for bringing back my Husband ,and brought great joy to my family??? My name is Kathryn Louise, My Ex-Husband dumped me two weeks ago after I accused him of seeing someone else and insulting him. I want him back in my life but he refuse to have any contact with me. I was so confuse and don't know what to do, so I reach to the internet for help and I saw a testimony of how a spell caster help people to get their ex back so I contact the spell caster and explain my problem to him and he cast a spell for me and assure me of 48hours that my ex will return to me and to my greatest surprise the third day my ex came knocking on my door and beg for forgiveness. I am so happy that my love is back again and not only that, we are about to get married. Once again thank you Lord Alika , You are truly talented and gifted. web:http://lordalikaspelltemp8.wix.com/http is the only answer. He can be of great help and I will not stop publishing him because he is a wonderful man.Email: lordalikaspelltemple@yahoo.co.uk or +19206246318. web:http://lordalikaspelltemp8.wix.com/http
See also
On January 2012 the Innovation for Health contest was completed. Drug companies, patient associations, drugs, h... Read more
Tags: pharma , biotechnology , poland
The investment portfolio of the JCI Venture fund added an innovative biotechnological company, simAb co. The co... Read more
Tags: pharma , poland
Several biological drugs will go off patent over the next years. In fact, biologics with estimated total sales ... Read more
Tags: bioforum , pharma