The biotech ecosystem in Portugal is rapidly growing. Ricardo Perdigao, Investment Manager at Portugal Ventures, discusses the country’s potential in this field.
Portugal has seen the number of life sciences startups triple between 2008 to 2015. A study by Portugal Ventures links this growth to a better funding environment and to researchers being more aware that they can start a successful business from scientific breakthroughs. In addition to Portugal Ventures, the largest life sciences investor in the country, several other VC investors including Caixa Capital, Hovione Capital and Pathena have been providing seed capital to bring promising projects from universities to the market.
Image: https://labiotech.eu