Key appointments to help Scotland’s life sciences sector reach £8bn by 2025

Key appointments to help Scotland’s life sciences sector reach £8bn by 2025
Ivan McKee and Joe Fitzpatrick

Life Sciences Scotland has made key appointments as part of the sector’s wider ambition to reach an £8 billion turnover by 2025.

Ivan McKee, the Minister for Trade Investment and Innovation, has joined as co-chair of the Industry Leadership Group alongside Joe Fitzpatrick, Minister for Public Health, Sport and Wellbeing.

The group consists of senior representatives from stakeholders across the spectrum of the life sciences community. It sits quarterly, and meetings are rotated around different cities in Scotland.

Currently, the life sciences industry in Scotland employs more than 37,000 people across some 700 organisations. Company turnover is more than £4.2 billion and gross value added around £2 billion each year.

Dave Tudor, Co-Chair of Life Sciences Scotland, said: “The life sciences sector in Scotland has the opportunity to grow, capitalising on its success so far. There is so much potential to accelerate and drive forward the industry with positive outcomes for the Scottish economy as a whole.

“As a group, we are working together to connect the industry, align our efforts and promote Scotland as a hub for life science businesses in order to achieve our aim of an £8 billion turnover by 2025.”