As of now the life sciences industry in Scotland employs 37,000 people across 700 organisations. The sector also turns over more than £4.2 billion a year. However Life Sciences Scotland, an organisation made up of senior representatives and stakeholders from across the spectrum of the life sciences industry, aims to increase Scotland’s life sciences sector turnover to £8 billion a year by 2025.
Commenting on the appointment of the two MSPs, Dave Tudor, Co-Chair of Life Sciences Scotland said:
“We are delighted to welcome Ivan McKee and Joe Fitzpatrick to the group and look forward to working together to grow the sector. We would also like to thank Paul Wheelhouse and Aileen Campbell for their enthusiasm and contribution to the Group and wish them all the best with their new portfolios.”
“The life sciences sector in Scotland has the opportunity to grow, capitalising on its success so far. There is so much potential to accelerate and drive forward the industry with positive outcomes for the Scottish economy as a whole. As a group, we are working together to connect the industry, align our efforts and promote Scotland as a hub for life science businesses in order to acheive our aim of an £8 billion turnover by 2025”
Putting forward a strong academic base and world leading research, Scotland holds particular potential for the life sciences industry, as over 40% of organisations predicting growth in coming years.
Ivan McKee MSP and Scottish Minister for Trade, Investment and Innovation commented:
“I am delighted to be co-chairing the Life Sciences Scotland Industry Leadership Group. The contribution that the sector makes to the economy of Scotland is significant. I look forward to working with the group’s members to drive forward the Life Sciences strategy and its ambitious target of doubling the sector’s contribution to the Scottish economy to £8 billion by 2025. The Life Sciences Sector across Scotland is diverse, ranging from Pharmaceutical to Animal Health, and it’s great to see all of these voices working together through the ILG to grow the sector across Scotland and beyond.”
Further information on Life Sciences Scotland