Luxembourg’s health technology sector currently employs 1,900 people across 136 different companies. To further this domain even more, a health campus will be set up in Esch-sur-Alzette, which is expected to have room for up to 5,000 employees.
A delegation from Luxembourg is currently in Bavaria to visit the Medical Valley project and get a glimpse of how such an ecosystem works in practice. Close cooperation between private and public partners is needed to improve research, and by consequence the treatment and prevention of diseases. The Medical Valley project was thus launched in Erlangen in 2003 to implement this strategy, explained spokesman Jörg Trinkwalter.
On Thursday morning, Minister of the Economy Franz Fayot signed a cooperation agreement with Medical Valley to establish a mutually beneficial relationship with Luxembourg’s future health campus. Minister Fayot described it as a starting point for a common European digital health sector.
One of the major players in the sector is Siemens Healthineers. They are active in 70 countries, including the Grand Duchy, and employ 66,000 people around the globe. The company’s administration is located in Erlangen, where they also conduct research and have a large-scale production line for medical equipment. In conversation with RTL, CEO Bernd Montag expressed a willingness to expand Siemens Healthineers’ activities in Luxembourg.
