ETLA Review: Finnish Biotechnology Industry's Status, Expansion, and Growth Challenges
ETLA’s report “The Finnish Biotechnology Sector: Status, Growth and Challenges” published on the September 9th 2025 presents a comprehensive overview of the scope and dynamics of the industry. Finland hosts 834 biotechnology companies, with a combined turnover of €7.1 billion and 19,400 employees. At the core of modern biotechnology are 124 companies, generating €220M in value added and employing around 2,800 people. Growth appetite is exceptionally strong, but the biggest hurdles are regulatory approval processes and weaknesses in sales, marketing, and distribution.
