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fromBusiness Matters
1 month ago

UK life sciences sector slipping in global investment race, industry warns

The 50-page study benchmarked the UK against international peers on 48 competitiveness indicators and found foreign investment in life sciences had slumped to £795 million in 2023-58 per cent below 2017 levels-pushing Britain down to seventh place in global rankings from a high of second only two years earlier. Pharmaceutical R&D has also slowed markedly, growing at just 1.9 per cent annually since 2020, against a global average of 6.6 per cent.
Medicine
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