The Life Sciences sector makes a significant contribution to the UK’s strength in innovation, which is a critical success factor for modern economies. The largest pipeline of biotech products in Europe is under development in the UK. Pharmaceutical R&D and products for diseases such as dementia and oncology support the Government’s drive to improve UK healthcare outcomes. They also underpin its commitment to address global health challenges such as antimicrobial resistance (AMR), HIV/AIDS, and malaria. Medical technologies, including emerging digital technologies and devices, are creating substantial opportunities to improve NHS efficiency and deliver improved UK healthcare. Life Sciences are driving a medical revolution, as the scientific discoveries of recent years are translated into patient treatments and products.
The next wave of medical technologies creates the opportunity to bring further investment, new highly skilled jobs, and improved healthcare to the UK. The UK is already a global leader in Life Sciences which is why it is at the heart of the government’s Industrial Strategy.
For inbound investors to the UK (both investment funds and life science companies themselves) the life sciences sector represents a significant part of their investment strategies. Such investors can also utilise the resources of the City of London and the UK as a hub for investing in life science companies worldwide. For foreign buyers of life science products, whether in the state or private sectors, the UK’s expertise and competitiveness in life science products and services makes the UK a first port of call for such buyers.
The foreign diplomatic corps in the UK, in particular trade and commercial attaches, are increasingly being called upon to counsel, advise and assist funds, companies, investors and buyers, from their respective countries, on the commercial and regulatory landscape and investing and buying opportunities in the life sciences sector.
The Diplomatic Communication Network and Inward Investors App furnishes these diplomats, and the investors and buyers they look after, with details of all UK Governmental Agencies, regulatory bodies, trade associations and of leading UK and international life science companies that are seeking to attract increased investments and sales from overseas.
For further details of UK Government assistance in this area, please click on the following link
020 7993 4255