Big 2023

What are the key success factors for the emergence of French healthcare champions?

Oct 5, 2023 | 3:05 PM - 3:35 PM

BULLE LA FRENCH CARE

Description

Health is a strategic sector and a major contributor to the French economy, contributing 12.3% of GDP. However, the sector’s competitive edge is undermined by lost industrial capacity, a drop in the number of clinical trials, insufficient private seed funding, and the expatriation of talent trained in France. France boasts a particularly rich scientific, academic and industrial ecosystem which attracts international recognition. However, we are still struggling to find leverage for growth to enable national champions compete with low-cost countries such as China and India, or countries with higher added value such as the US, Germany, Switzerland, and Italy.

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