New data shows contribution of life sciences to Northern Powerhouse
The contribution of life science businesses to the Northern Powerhouse was revealed this week by George Freeman MP, Minister for Life Sciences, at the BioTrinity conference. They are contributing more than £10.8bn to the UK economy each year, helping to support over 38,000 highly skilled jobs. There are 1,000 life and health science companies in the Northern Powerhouse, manufacturing and exporting more than £8.1bn of medicinal and pharmaceutical products annually. 97 per cent of them are small businesses.
This data underpins the UKTI Northern Powerhouse life sciences proposition. You can read more about it here.