This report contains facts and figures about the significance of the life science sector

Numbers behind the value of a sector to the UK are often difficult to pin down, but this report provides a useful snapshot to the highly important life sciences industry in the UK.

The report also shows that the UK Life Science industry is the most productive out of all other major European nations, with GVA per employee 40% higher than in Germany and Italy and almost twice the level in France

Summary:

  • UK Life Sciences contributed £30.4bn to the economy in 2015
  • Life Sciences supported 482,000 jobs through direct employment, supply chain jobs and through induced effects.
  • Life science workers & businesses contributed £8.6bn in tax revenue in 2015.

To read more from ABPI, visit their website.