The Economic Contribution of the Pharmaceuticals Sector in Scotland

Fraser of Allander Institute; McGeoch, Adam and Spowage, Mairi and Milne, Kate and Williamson, Jack and Fox, Calum. (2023) The Economic Contribution of the Pharmaceuticals Sector in Scotland. University of Strathclyde, Glasgow.

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Abstract

The pharmaceuticals sector is a significant contributor to the Scottish economy and a key player in Scotland's life sciences sector. In this report, we use our detailed model of the Scottish economy to quantify the economic impact and wider spill-over effects of Scotland's Manufacturing of Pharmaceuticals sector. This report also includes analysis that considers a broader group of pharmaceutical contributors, which is most representative of ABPI members, that we call the 'Wider Pharmaceuticals sector'. Additionally, this report models the impact of the Life Sciences sector – a Scottish Government 'Growth Sector'. This report goes beyond economic impact assessment, highlighting these sectors' wider impact on the Scottish economy.