Industry strength/Company base
VIBRANT, DIVERSE AND GROWING COMPANY BASE
We have one of the largest Life Sciences clusters in Europe, employing over 37,000 people across some 700 organisations. Life Science companies Scotland contribute in excess of £4.2bn turnover and about £2bn gross value added to the Scottish economy.
Since 2010, company turnover increased by 29%, gross value added by 24% and total employment in companies by 13% .
Scotland is home to a range of multinationals and small and medium enterprises (SMEs) with a strong track record of creating and growing start-ups.
A thriving entrepreneurial culture in our universities creates more spin-outs than any other region of the UK. Scotland has comprehensive supply chains and world class manufacturing expertise supplying chemical and healthcare equipment, pharmaceutical services, medicines, vaccines and diagnostics to the world.