Life sciences in Belgium: Unprecedented export growth in the pharmaceutical industry
Since the outbreak of the corona crisis, the whole world has turned its attention to the vaccines, therapies and innovations of the Belgian pharmaceutical sector. This translates into remarkable export figures, which have risen by no less than 70 per cent over the past two years.
Belgium is one of the world leaders in the pharmaceutical industry. The sector is a driver of innovation and by 2021 is investing 14 million euro every day in research and development. Moreover, biopharmaceuticals are exported from Belgium on a daily basis to the tune of approximately 230 million euro, a notable increase from 2020, when daily exports amounted to 150 million euro.