For many years, Denmark has been an international health laboratory, attracting international businesses and researchers. Reasons include the presence of a strong healthcare industry, a long-standing tradition for efficient public-private partnerships and a keen political focus on creating framework conditions conductive to research and business development within healthcare and welfare.
A booming industry
A new analysis from the Confederation of Danish Industry shows a very positive development in international sales for Danish life science companies. In 2015, the export reached a significant milestone as international sales increased to more than DKK 100 billion equivalent to €13.7 billion ($15.4 billion).
The milestone is the result of a period of great success and growth in the Danish life science sector. From 2000 to 2015, the export of medicines and medical devices increased from €4.5 billion ($5 billion) to €13.7 billion ($15.4 billion).