Pharma industry's investments in Finland clearly increased in 2023

16.05.2024

Pharma industry's investments in Finland clearly increased in 2023

Our yearly pharma industry investment survey results have been published.

The report, including more thoroughly the survey results, is available in the Statistics section on the website.

Key figures:

  • Pharma industry’s investments to Finland grew in 2023 by 21 % and were in total 464 million euros.
  • Threse investments were split in two, as production investments grew by 98 % and were even with the research and development investments.
  • Regarding the next two years, the estimated number of new investments is 206 million euros. Last year this figure was 151 million euros.
  • Overall, the significant increase in the total investments is excellent news, but at the same time, decision-makers now need to focus on ensuring that we can actually secure these projected investments.

These numbers speak for themselves. We are a growth industry and core player in Finnish innovation field.

For more information: Arto Virtanen, Director, Communications and Responsibility, +358 44 537 0244