Gloucestershire Oxfordshire

Worcestershire & Hereford

Coventry & Warwickshire

Thames Valley & Swindon

South Gloucestershire & Bristol

The life sciences sector is now among the most valuable and strategically important in the UK economy – and critical to the country’s health, wealth and economic resilience.

The sector generated almost £81 billion in annual turnover in 2019 – a year before Covid-19 came into existence. That was more than two thirds the turnover of the mighty construction sector, which contributed £117 billion. The life sciences sector also employed more than a quarter of a million people across the country.

Investors like a success story. In the first 10 months of 2021, UK life sciences companies raised a total of £6.6 billion in equity finance, according to the government’s Office for Life Sciences. In 2012, the equivalent figure was £0.6 billion. That’s an increase of 1,000 per cent.

But we cannot be complacent. Our competitiveness as a leading global location for life sciences is heavily reliant on a successful, supported and thriving science and research ecosystem.