
EDCTP strengthens Europe’s competitiveness by fostering research excellence and global cooperation to advance health innovations. These investments stimulate employment, economic activity, private sector engagement, and intellectual property development within Europe. The partnership bridges a key challenge for Europe’s competitiveness, the EU’s innovation gap,[1] by supporting late-stage product development, implementation research, and regulatory-readiness. These efforts help overcome the scientific, technical, and legal hurdles to bring innovations to the market.
EDCTP’s geographical and technological scope opens opportunities for European companies to expand into new markets and contribute to global health solutions. EDCTP prioritises cooperation with Africa, the fastest-growing continent and a vital partner for Europe’s security and prosperity. By targeting high-impact areas facing market failure, such as poverty-related infectious diseases affecting vulnerable populations, AMR, and neglected infectious diseases, EDCTP generates strong public returns on investment. EDCTP also helps companies fulfil their corporate social responsibility goals. Fostering equitable, long-term partnerships drives trade, innovation, and investment opportunities for Europe across Africa.
Source:
[1] Draghi, M et al. (2024). The Draghi report on EU competitiveness. European Commission.