Know Life Sciences

The UK’s life sciences sector is entering a golden period. With an employee base of over 240,000 people, spanning 5,000 companies and a combined turnover of >£70bn - it’s big business and a vitally important cog in the UK’s knowledge economy.

Scientific breakthroughs are increasingly the norm too, underpinned by technology and an ageing population, so it’s an exciting time for this dynamic sector.

Globally, the UK’s life sciences sector has significant competitive advantages:

  • World-leading universities carrying out outstanding research
  • A national healthcare system providing valuable datasets
  • Global strength in the emerging fields of artificial intelligence (AI) and digital health

It is also at the heart of the government’s industrial strategy and the recently published ‘Life Sciences Sector Deal 2’ sets a clear path for the sector’s growth with significant support for life science occupiers.

Innovation and collaboration continues to be key.  It’s the property industry’s job to provide the right environment and infrastructure to enable thriving life science clusters to emerge and develop to their full potential.

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