Finland's biologics ecosystem encompasses 124+ biotechnology companies employing approximately 2,800 people, projected to grow at 9.4% CAGR (2022-2030). Key hubs include Helsinki/Espoo, Turku (strongest in biopharmaceuticals/diagnostics - 20 of 21 Finnish-developed drugs came from Turku companies), Kuopio (gene therapy center of excellence with FinVector's 500 employees), Oulu, and Tampere.
ORION CORPORATION / ORION PHARMA (Espoo)
Status: Public (Nasdaq Helsinki) | Employees: ~3,700 | Revenue: €1.54B (2024) | Market Cap: ~$10.1B
Finland's largest pharmaceutical company. R&D focus: oncology and pain. ODM-212 Phase 2 TEADES trial-initiated January 2026 for mesothelioma. New Cambridge UK Biologics R&D Centre opened 2025. October 2025 exclusive license with Abzena for antibody technology. €100M EIB loan, €10M Business Finland AI grant.
3PBIOVIAN (Turku)
Status: Private (Keensight Capital) | Employees: ~300 | Website: 3pbiovian.com
Global biologics CDMO formed February 2024 from merger of Biovian + 3P Biopharmaceuticals. End-to-end development: microbial, mammalian, viral vectors, cell therapy, pDNA. EMA certified, FDA inspected. 400+ GMP clinical batches. €50M+ Turku facility expansion (6,400 sqm) completed 2024-2025, 100 new jobs.
FINVECTOR (Kuopio)
Status: Ferring Ventures subsidiary | Employees: ~500 | Website: finvector.com
World leader in viral gene therapy manufacturing. New Finport 25,000 sqm state-of-the-art facility opened October 2024 - one of world's largest viral vector capacities. EMA authorised for clinical/commercial supply. Close ties to Prof. Seppo Ylä-Herttuala's pioneering gene therapy research.
- Turku Bioscience Centre: Advanced core facilities (bioimaging, genomics, flow cytometry)
- Kuopio Center for Gene and Cell Therapy (KCT): Academic-corporate interface, access to FinVector GMP
- Terkko Health Hub: Largest Nordic health/life science startup hub (60+ startups, €hundreds of millions raised)
- Business Finland: Government innovation funding
- Tesi (Finnish Industry Investment): €151M invested 2022
- Voima Ventures, Innovestor, Lifeline Ventures: Leading VCs
- NordicNinja VC: Finnish-Japanese JV (Panasonic, Honda, Omron)