UK life sciences sector productivity is double the national average

A new report has found that the UK’s life sciences sector’s productivity level is more than twice the UK average. Read more at European Pharmaceutical Review

What we say

The UK’s startling productivity gap is well-known, but it’s heartening to see a sector like Life Sciences – one that’s so focused on innovation – as way ahead of the pack. Making the most of incentives like R&D tax relief, which allow companies to make the most of investment in innovation, could perhaps be one of the catalysts to help solve the productivity puzzle

Mike Price, MPA Director