This sector has a wide ranging presence in the Maltese economy, with well established operations in the manufacture of pharmaceuticals and medical devices, the production of software for the healthcare industry as well as a growing health tourism sector. All this has been boosted by the country’s workforce as well as effective connectivity with foreign markets.
In order to further develop this field, Malta Enterprise has developed the Malta Life Sciences Park, containing high-end facilities for the chemistry, biology and digital imaging sectors, adjoining the University of Malta, the main teaching hospital as well as the national oncology centre. The Life Sciences Park is designed to allow companies to commence operations with minimal preparation in order to focus on their core activities as well as to leverage synergies with other companies within the Park as well as with academia.
The physical facilities available on the island are further backed up by a raft of attractive support measures designed specifically to assist companies in Research and Development activities. All this makes Malta an attractive option for investors in the sector.
Further information about this sector may be accessed here