EY’s Biotech Team Leader for the EMEIA region discusses the challenges Europe’s fragmented capital markets pose for biotech startups, the under-communicated benefits of doing an IPO on the Swiss stock exchange and the implications of the Actelion acquisition for the wider Swiss life sciences ecosystem.
Among other things, you are EY’s head of biotech for the EMEIA region. At the European level, what would you highlight as the greatest challenges that the biotech sector faces today?
"In my experience, people on this side of the Atlantic tend to see a failed attempt at entrepreneurship as something to hide or be ashamed of. In the US with their traditional rags to riches stories, more potential entrepreneurs are willing to take the risk, and try again if they fail."
