Medilink Yorkshire and Humber assisted the Office for Life Sciences and the Department for Business, Innovation & Skills in the formulation of the eighth annual report analysing the updated 2016 dataset from the bioscience and health technologies database.
The Strength and Opportunity 2016 report shows that the UK life sciences sector now employs 235,000 people and has a turnover of over £63 billion in 5,142 companies.
This report identifies the strengths in the UK health life sciences industry and the opportunities for future growth. The content of the report provides a 2016 snapshot of the UK life science industry covering the Bio pharma and Med Tech sectors.
It analyses the industry, looking at the economic activity of companies that market therapeutic products and medical devices as well as the specialist service & supply chains that are key parts of the ecosystem. This demonstrates the significant economic contribution of the life science sector in terms of company turnover and employment, distributed across the UK.
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