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The Lehendakari shows his support for Basque companies that invest in health policy-driven research and R&D&i

2016 February 10
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Lehendakari Iñigo Urkullu, the Basque Premier, accompanied by the Basque Government’s Minister for Economic Development and Competitiveness, Arantxa Tapia, and its Minister for Health, Jon Darpón, visited the FAES FARMA premises in Leioa (Bizkaia) this morning to meet with its management team and then to visit the facilities of the pharmaceutical company and learn about its research work and drug production. Lehendakari Iñigo Urkullu thus wanted to show the Basque Government’s support for all Basque companies that continue to be committed to research and R&D&I and are capable of generating knowledge and sustainable employment over the years.

FAES FARMA was founded in the Basque Country in 1933 and is now an industrial group comprising the parent company in  Leioa, Laboratorios Vitoria in Lisbon and the animal feed company, Ingaso Farm, located in Lanciego (Álava). As the Lehendakari explained, the management of the Basque pharmaceutical company has set the target of achieving 20 new pharmaceutical innovation project by 2020 and, therefore, in 2016, it employs over 50 direct researchers, has an R&D budget of EUR 15 million and an investment budget for a further 12 million, with the latter amount being used to expand the Farma laboratories and to construct a new pilot plant.

The Lehendakari also recognised the internationalisation of this company and the generation of wealth that that means for the Basque Country, as FAES FARMA currently has subsidiaries operating in Colombia, Ecuador and Chile and, with a 50% stake with local partners, in Mexico.  In 2016, a subsidiary will be set up in Peru and the first in Africa, in Nigeria, along with another in China, with a 50% stake with local partners.

The Lehendakari also wished to stress that FAES FARMA is a company that has contributed to the competitiveness and economy of the Basque Country for many decades now,  as well as helping to improve people's health as it is a pharmaceutical company and it has always been committed to innovation and research.

As the Lehendakari pointed out during his speech, over 5,000 people approximately work  in the pharmaceutical sector and the total spending on pharmaceutical by the public sector stood at EUR 763.2 million in 2015 (494.9 on prescription and 268.3 on hospital pharmacy spending). He went on to point out that  Public Pharmaceutical Spending accounted for 1.11% of the Gross Domestic Product and the Public Pharmaceutical Spending per inhabitant stood at 348.65 €/person in 2015.

The Lehendakari also explained that the Basque Country had decided decades ago that the commitment to research and innovation was to commit to the future. "Investing in research, development and innovation is another way to respond to our commitment to people, a commitment that will affect several generations”.

Thus, he recalled that  the Basque Country has designed and implemented successive plans to support industry and science & technology over the years, has made its Science, Technology and Innovation Network more sophisticated, has gained in importance in its research community, has managed to maintain a productive structure that has withstood several very challenging economic  times and has embarked on a knowledge-based transformation to put the Basque Country is a strong position to continue to advance with new plans and new strategies in the field of research, science and technology.

8 comments
  • Photo SN Robot
    @gananzia
    2016 February 15

    Comentario de Twitter:
    El lehendakari visita Faes Farma, la empresa de Antonio Basagoiti: https://t.co/BtdzQo3xl0

  • Photo SN Robot
    @OSIArabaESI
    2016 February 10

    Comentario de Twitter:
    #IkerketaSanitarioa Lehendakariak FAES FARMA enpresa farmazeutikoak Leioan dituen instalazioak bisitatu ditu ➡ https://t.co/eINqPVp6dp

  • Photo SN Robot
    @gananzia
    2016 February 10

    Comentario de Twitter:
    El lehendakari muestra su apoyo a las empresas vascas que invierten en investigación sanitaria al servicio de la sa… https://t.co/BtdzQo3xl0

  • Photo SN Robot
    @evaortiz597
    2016 February 10

    Comentario de Twitter:
    RT @Gob_eus: Mostramos nuestro apoyo a las empresas vascas que invierten en investigación sanitaria al servicio de salud e I+D+i➡ https://t

  • Photo SN Robot
    @OSIArabaESI
    2016 February 10

    Comentario de Twitter:
    #InvestigaciónSanitaria El lehendakari ha visitado las instalaciones de la farmaceútica FAES FARMA en Leioa ➡ https://t.co/8mkbedSGxF

  • Photo SN Robot
    @eroogan
    2016 February 10

    Comentario de Twitter:
    RT @OSIArabaESI: #IkerketaSanitarioa Lehendakariak FAES FARMA enpresa farmazeutikoak Leioan dituen instalazioak bisitatu ditu ➡ https://t.c

  • Photo SN Robot
    @OSIBGaldakaoESI
    2016 February 10

    Comentario de Twitter:
    #IkerketaSanitarioa Lehendakariak FAES FARMA enpresa farmazeutikoak Leioan dituen instalazioak bisitatu ditu ➡ https://t.co/C512zfnILT

  • Photo SN Robot
    @osakidetzaEJGV
    2016 February 10

    Comentario de Twitter:
    #InvestigaciónSanitaria El lehendakari ha visitado las instalaciones de la farmaceútica FAES FARMA en Leioa ➡ https://t.co/YmH5QXlvUz

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Politicians attending the event
(X term 2012 - 2016)