Austria is an excellent business location for companies in the pharmaceutical and life sciences sectors. Many international corporations already take advantage of the highly interconnected ecosystem of producers, suppliers and service providers and rely on the country’s high level of research competence. One in two biotech companies is based in Vienna, the hub where one of the leading biomedical research centers in Central and Eastern Europe has been established: the Campus Vienna Biocenter. Oncology, neurology, vaccines and immunology, as well as precision medicine and e-health are the main areas of research.

Through its unique network, the Austrian Business Agency (ABA) is able to establish the right contacts in Austria. For the first time, ABA is participating in Farmaforum/LabForum 2022 to offer its services to the sector in this area.

For 40 years, the state agency Austrian Business Agency (ABA) has been working to enable international companies to establish themselves successfully in Austria. As a subsidiary company of the Federal Ministry for Digitization and Economic Location (BMDW), ABA advises international companies free of charge on all issues related to business, research and job location and, since its foundation, has attracted €13.5 billion to the country. Its 45 employees speak 15 languages ??and help with recruiting, immigration of skilled professionals, business start-ups, labor and tax issues, as well as grants and financing options.