The Life Sciences Industrial Strategy
The Life Sciences Industrial Strategy was published on 31st August. The report, written by life sciences champion, Professor Sir John Bell, provides recommendations to the Government on the long-term success of the life sciences sector from an industry perspective. The strategy has been developed in collaboration with industry, academia, charity, and research organisations.
The report acknowledges that the life sciences industry represents one of the dominant economic sectors in the UK and includes biopharmaceuticals, medical technology, genomics, diagnostics and digital health and has a very high productivity compared to other sectors. The industry generates a wide range of products including drugs, medical technology, diagnostics and digital tools, as well as products for consumer health. The industry is widely distributed geographically and brings growth and jobs to almost every region of the UK.