Finland’s public healthcare system has developed along the lines of population-based responsibility and is statutory. Primary healthcare and secondary care are networked into a comprehensive system that includes central hospitals (including university hospitals) and healthcare centres. This network constitutes the most comprehensive healthcare system in the world.
The Finnish domestic market also offers an excellent platform from which to launch and develop innovative healthcare products. Over 90% of the medical equipment produced in Finland is exported. Moreover, since most product development involves wide international contacts, Finnish healthcare companies have excellent opportunities to expand directly into global markets.
Biotechnology is one of the most promising high-tech industries in Finland. In the past years, dozens of new companies have been created with new ones emerging every month. About one in ten European companies in this sector, is Finnish. Also, to leverage their drug discovery efforts, large international pharmaceutical companies increasingly outsource their research to small drug discovery companies. In fact, small bio-tech firms discover over 50% of new drugs today. Thus, Finland with its relatively large number of bio-tech firms, offers ideal cooperation opportunities.
Further reading:
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tel. +358 10 773 0306, atso.vainio[at]investinfinland.fi
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The Finnish market for
healthcare and social
services has been
growing, is growing and
will continue to
grow.
Atso
Vainio