Industry signed key principles

A global technology and market race is underway within biotechnology and biomanufacturing. Successful regions will lead innovation, manufacturing and trade across multiple sectors, with competitive and sustainable next generation economies and strong global trade presence.

Europe has long been recognised as a leader in biotechnology research and innovation. However, its transition into industrial application and manufacturing at scale is proceeding at a slower pace than other regions, with consequences already felt for citizen and economic benefit, investment, competitive global positioning, green transition targets and supply chain security.

The EU Initiative for Biotechnology and Biomanufacturing is a unique opportunity for the EU to build on its strong research and innovation base towards clear industrial, societal and market targets.

Five core principles should underpin goals for Europe’s approach to biotechnology and biomanufacturing, not only within the proposed Initiative, but integral the European Union’s implementation of industrial strategy across sectors. Principles should be embedded into consideration of legislations, ensuring convergence, rather than divergence, for innovation across frameworks.

Signatories include Alliance for Biosolutions, Association of Manufacturers and Formulators of Enzyme Products (AMFEP), Bio-Based Industries Consortium (BIC), BioChem Europe, Cellular Agriculture Europe, Confederation of European Yeast Producers (COFALEC), CropLife Europe, European Biodiesel Board (EBB), European Food and Fermentation Cultures Association (EFFCA), EU Association of Specialty Feed Ingredients and their Mixtures (FEFANA), EuropaBio, EU Speciality Food Ingredients, European Bioplastics, European Biosolutions Coalition, Food Fermentation Europe, Good Food Institute Europe and IPA Europe.