Biotechnology was the only sector, along with food and drink, to maintain FDI volumes during the global recession, thanks to rising healthcare spending, long-term funding for biotech research projects and growing market opportunities in emerging markets.

The US remained the number one country in 2009, increasing its lead by attracting 15% of all non-US projects, while Germany slipped down the list and China and India moved up in the rankings. While FDI projects into western Europe declined, the number of outward projects increased by 15%.

To see a copy of the breakfast briefing presentation, visit fDi’s BIO 2010 microsite at online.fdimagazine.com/bio/