Location
In the last few years the Munich Biotech Cluster has experienced an exceptional rate of development. With a total of about 350 Life Science companies Munich is home to one of the top biotechnology centers in Europe. More than 100 small and medium-sized biotech enterprises (SMEs) together employ nearly 2,600 people and have more than 100 products in their product pipelines. Together with Pharma-Companies, CROs, Suppliers and Service-Companies the Greater Munich Area is working place for more than 20.000 employees in industry and additional more than 10.000 in the scientific institutes.
A number of factors have contributed to Munich's success. Of particular importance in the ongoing development of commercial biotechnology is the proximity of excellent scientific research institutes, an excellent infrastructure, a sufficient supply of capital, role-models in the form of firms that have already attained success, as well as highly qualified employees. Bodies that assist in the transfer of technology also help to successfully commercialize research ideas.
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