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Norway going strong on biotech

Spending on biotechnology R&D in Norway increased by 9 per cent between 2013 and 2015, a report has shown.

The country spent 4.5 billion Norwegian kroner (€480 million) on biotechnology R&D in 2015, according to a report published by the Nordic Institute for Studies in Innovation, Research and Education (Nifu) on 9 May. This is about 8 per cent of all R&D spending in Norway during that year, the report said.

Universities and university colleges accounted for 59 per cent of the R&D spending, whereas industry accounted for 25 per cent and non-university research institutions 16 per cent. The proportion that higher educations spent on biotechnology was higher than in other research areas, the report said.

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