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Life Sciences

Wales is competing on the global stage of life sciences with some of the finest scientific minds in the world and provides a dynamic, innovative culture for pursuing discoveries, new product development, clinical trials and manufacturing. Our companies and world-leading university departments are driving research to create new technologies in this constantly evolving sector.

Key Facts

  • Companies based here include those in the ground-breaking fields of medical technology, regenerative medicine, diagnostics, e-health, pharmaceuticals and biotechnology.

  • The life sciences sector employs around 11,000 people based at more than 350 companies.

  • The life sciences sector delivers a turnover of circa £2bn a year.

  • A devolved government committed to the sector with substantial financial assistance available including the Wales Life Sciences Investment Fund, Sêr Cymru and the SMART Innovation Programme.

  • The Life Sciences Hub, based in Cardiff Bay, is a focal point for the sector in Wales, to stimulate interaction, innovation, networking and collaboration.

  • Access to the dedicated £100m Wales Life Sciences Investment Fund, the largest dedicated investment fund for any sector in Wales.

  • Welsh Government supported infrastructure developments including the Welsh Wound Innovation Centre and a state-of-the-art Advanced Therapy Medical Products manufacturing and development facility near Cardiff, due to complete in 2015.

  • World-class experts at Welsh Universities leading the field on research into stem cells, imaging, wound care, medical devices and more.

  • Wales offers competitively price labour and commercial properties some 40% lower than London rates, together with significantly lower costs of living in comparison to other parts of the UK.

  • GE Healthcare has its Cell Technology Centre of Excellence, Forensics R&D laboratories and world-class devices manufacturing based in Cardiff.

  • Bridgend-based Biotec Services International, a PCI Company, specialises in temperature controlled storage and distribution of drug supplies for clinical trials, with customers ranging from tiny drug discovery companies to house-hold name multi-nationals.

  • Wales also has the UK's largest cluster of in-vitro diagnostic companies including BBI Solutions OEM Ltd, Ortho Clinical Diagnostics and Siemens Healthcare Diagnostics Ltd.

  • Biomet UK Ltd, global leader in the orthopaedics market, has its largest European subsidiary and UK headquarters in Bridgend, south Wales.

Become a member of our Life Sciences LinkedIn group.

 

We know that every business is different. We’ll listen to what you need and help bring together everything required to make it happen. From a skilled workforce to property advice, through to a range of finance options and support for research and development. And Wales has one of the best staff retention records in Europe.

Long after you decide to locate in Wales, we will still be here to support and help you develop your business.

For more information about business support and development opportunities please phone +44 (0) 3000 6 03000 or click here to email us.