Wales is Vital to UK Life Science Sector Growth

Science

On November 28th, Trade Secretary Kemi Badenoch travelled to Wales to laud Welsh businesses, labelling them as a vital component of the UK's life sciences industry.

Although the UK has a sizable workforce of 250,000 within life sciences, half of those involved in this industry are employed outside of London, East England, and the South East.

“twenty-eight prominent businesspeople will advise UK companies on how to enter foreign markets“

Wales is notorious for life sciences business activity, engaging over 12,000 individuals in employment and playing a significant role in the UK's economy- with £2.5 billion in annual revenue produced covering 270 locations.

The Board has the pleasure of listening to Welsh exporter and manufacturer Dulas Ltd. This company played a large part in vaccination and health initiatives worldwide by supplying the first commercially available solar-powered inoculation fridge.

The Trade Secretary also revealed that twenty-eight prominent businesspeople will advise UK companies on how to enter foreign markets. They have each been chosen based on strong historical performance in international trading.

Badenoch also plans to stop by PCI Pharma, which has invested millions to increase its production facilities in south Wales. When the new developments become fully operational, it will enable the business to keep up with the increasing worldwide demand for the manufacture of cancer medicines and provide 200 jobs.

The Board of Trade associates are ardent supporters of activities they believe will foster success and economic progress throughout the UK. This year was their 350th anniversary.

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