As an economic hub, the Basel region can only benefit from systematical expansion of the life sciences industry’s already extraordinary potential for creating added value. Basic influential factors must consistently be questioned anew and re-optimized – all the more so given the steady, ongoing rise in global competition in the life sciences industry, replete with added value potential.
|This forms the basis for collaboration between the Basel Chamber of Commerce and its initiative partners in regularly conceiving new joint life sciences strategies (previous versions: 2005, 2008, and 2011). The key points of each strategy are laid out in an input paper by the Life Sciences Commission of the Chamber of Commerce, whilst the strategy platform is discussed at Bad Schauenburg (Bad Schauenburg Conference) with experts from politics, administration, academia, health care, and business in order to agree on a common line of approach for the life sciences region of Basel, involving goal-setting and the definition of required fields of action. Conference results are subsequently incorporated into an action plan, which, in conjunction with set goals, forms the Life Sciences Strategy. Any given strategy remains applicable until it is revised and replaced at the following Bad Schauenburg Conference with a new, farther-reaching strategy. Each strategy period generally lasts 3 years.||
The current Life Sciences Strategy for 2014-2017 pursues the following main objectives:
Read more: 2014-2017 Life Sciences Strategy