| Biotechnology industry in Italy | |
|---|---|
| Total number of companies | 823 (2022) [1] |
| Total turnover | |
| Total Italian R&D investments | |
Biotechnology industry in Italy is a highly innovative and fast-growing sector dedicated to research. At the end of 2019, there are 796 biotech companies active in Italy. [1]
The turnover exceeds 12 billion euros, the number of employees exceeds 13,000 units. Between 2017 and 2019, over 50 new innovative start-ups active in biotechnology were registered. [2]
In the laboratories of the IRBM Science Park a team of Italian and American researchers has developed the Chad3Ebola-Zaire anti-ebola vaccine, a monovalent adenovirus capable of neutralizing the «Zaire» strain of the virus, conceived and produced by OKAIROS, a biotech company founded by Prof. Riccardo Cortese, with whom IRBM set up the Advent equal joint venture.[ citation needed ]
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The research intensity of the biotech sector is significantly higher than that found for the Italian industry as a whole. [9]