Europe unveils $565 million package to retain scientists, and attract new ones

Andrew Joseph covers health, medicine, and the biopharma industry in Europe. You can reach Andrew on Signal at drewqjoseph.45.

LONDON — The European Commission on Monday unveiled a roughly $565 million package to retain and attract scientists, as other countries try to leverage the Trump administration’s dismantling of research programs in the U.S. to build up their own enterprises. 

The funding program, amounting to 500 million euros, is designed to make “Europe a magnet for researchers,” Ursula von der Leyen, the president of the commission, said at an event at Paris’s Sorbonne University called “Choose Europe for Science.” Appearing along with French President Emmanuel Macron, von der Leyen said the funding, which will last through 2027, would support researchers from Europe and around the world.

The funding will go toward new, long-term grants and toward supporting researchers who relocate to Europe.