The disconnect between the UK government’s target to make the country a world leader in the life sciences, and its failure to provide patients with the drugs that result from this science, has been underlined by a new report.
Every one of the top 20 global pharma firms has a presence in the UK, including the US drug giant Pfizer (NYSE: PFE), which commissioned the report, carried out by PwC Strategy and entitled Driving Global Competitiveness of the UK’s Life Sciences Ecosystem.
The reason for commissioning the report, according to Erik Nordkamp, managing director of Pfizer UK, was to inform the company’s response to the government’s Industrial Strategy consultation as it looks to strengthen a globally competitive life sciences sector.
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