UK life sciences are leading the way showcasing world-class innovation

Dr Liam Fox opinion editorial in the Sunday Telegraph on how the UK is leading innovation and technological change in the life sciences sector.

For many decades, technology has changed in a way which until only recently would have been unimaginable. Put simply, we live in a time of unparalleled technological advances. Fast forward to 2050, and the way we live will be completely shaped by the inventions and breakthroughs made today.

Spearheading this technological charge is the life sciences sector, utilising the best of British innovation to tackle some of the biggest healthcare challenges of our time – ageing populations, lifestyle diseases, cancer and antimicrobial resistance.

As an international economic department, we are busy forging a vision of the UK as a world-leader in innovation and technology. It’s a role Britain is made for. Across the UK, scientists are pioneering treatments, progressing advanced therapies and genomics using digital technology and artificial intelligence.

With a combination of top universities, research institutions, global life sciences companies and increasing government support, the UK is a fantastic place for the sector to invest, which is why we are now in the top 3 life sciences hubs globally.

Companies that have the potential to change global health dynamics are thriving here. The UK offers a strong base for world-class research and manufacturing, whilst connecting business with bio-science clusters featuring the best science minds, the best universities and the best research institutions.

Yet whilst the sector flourishes, we must do everything possible to ensure the UK remains on top in a fast-changing industry whose success rests on its ability to quickly adapt and change.

The Department for International Trade is forging ahead with our strategy for promoting British trade across the globe. Life science businesses are playing a key part, with exports of more than £30 billion a year along, also attracting significant investment.