The European Commission has unveiled two ambitious strategies designed to propel the EU into a global leadership role in both quantum technologies and life sciences by 2030. In a bold step forward, the EU and its member states have already invested 11 billion euros in quantum research over the past five years, setting the stage for a sector projected to reach a value of 155 billion euros by 2040. 🚀
The quantum strategy focuses on five key areas: research & innovation, quantum infrastructure, ecosystem development, space and dual-use technologies, and skills development. Meanwhile, the life sciences strategy aims to strengthen the research ecosystem and accelerate market access for breakthrough medical innovations.
To boost life science innovations—ranging from climate change adaptation and next-generation vaccines to affordable cancer treatments—the Commission plans to mobilise 300 million euros. Despite these exciting plans, the EU has been losing ground to global competitors, particularly the United States and the Chinese mainland, due to fragmented innovation ecosystems and slower industrial uptake.
Can these strategies create a dynamic leap forward for the EU? Stay tuned for more updates as the region positions itself at the forefront of technological and medical advancements!
Reference(s):
cgtn.com
