In recent decades the combination of science and technology has transformed living conditions, providing concrete answers that have improved people‘s health. In 2016, global life expectancy was 73.8 years for women and 69.1 for men, the highest level recorded since the 1960s.
The Life Sciences sector – which includes the pharmaceutical, biotechnology and medical device manufacturing industries – has made huge advances thanks to the progress in the field of biomedical research that, in line with a global trend of continual increase in investments, has contributed to the greater development and well-being of society as a whole.
Scientific research proceeds at a very rapid pace, with new discoveries and new drugs constantly coming onto the market. More particularly, today the bio-pharmaceutical sector is strongly focused on precision medicine: personalized therapies represent over 25% of the new molecules approved by the FDA in 2015 and almost 45% of products in development, with a 73% peak for oncology, which is one of the main areas of specialization, together with the study of the brain, medicine in general and genome mapping.
The Life Sciences sector in Italy plays a key role in Italy’s growth and competitiveness: the added value of its upstream and downstream activities represents about 10% of the national Gross Domestic Product (93 billion Euros). The sector has all the prerequisites for becoming a fundamental element of Italy‘s economy and technological development in the near future and playing an important role at the global level in research areas such as personalized medicine.
Within this new framework, Life Sciences become an essential element of innovation in the transition towards the future of medicine and health.
The experimentation and technological transfer of ideas and results from research centres to the industrial sector can make it possible to translate this new vision of the medical approach into a reality for the medical system and patients.
Meet in Italy for Life Sciences aims to showcase Italian excellence in the sector and to provide an opportunity for discussing ideas with international partners.