EuropaBio Biotech Policy Day Published on: 03/10/2007
Vice-President of the Commission Verheugen and Commissioner Potocnik will meet representatives of the biotechnology industry at a high-level conference organised by the industry association EuropaBio .
Mr Verheugen emphasizes the need to strengthen research and technological innovation in Europe, facilitate knowledge transfer from academia to industry, and alleviate the particular burdens faced by biotechnology SMEs. Such burdens include difficulties to raise sufficient risk capital and a costly and fragmented European patent system. Mr Verheugen also underlines the need to simplify regulation for SMEs.