Market Analysis
U.K. pharmaceutical and healthcare industry is single-largest user of modern biotechnology
Published in Biotech Business Week, January 8th, 2007
The U.K. is the largest biotech market in Europe. Its pharmaceutical and healthcare industry is the single-largest user of modern biotechnology. Biotechnology has increasingly gained priority in the country because of it's excellence in research, the support of foreign and domestic investors, concentration of biotechnology clusters and a regulatory framework.
The industry in the U.K. grew 19% (in real terms) over the period 2001-003, reaching a value of US$5.89 billion. About 460 biotechnology companies in the U.K. employing 22,400 people in 2003. In 2003,...
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