£16.6 billion
Total UK pharmaceuticals exports were over £16.6 billion in 2008
11%
Pharmaceuticals contributed 11 percent to the chemical industry's GVA in 2008
£10.7 billion
Total UK pharmaceuticals imports were over £10.7 billion in 2008
18
The pharmaceuticals industry in Scotland comprises 18 manufacturers
£800 billion
The global pharmaceutical market is set to double in value close to £800 billion by 2020
27%
Pharmaceuticals represented 27 percent of total EU chemicals sales in 2007
£5.9 billion
UK pharmaceuticals trade surplus was £5.9 billion in 2008
Lowest corporation tax
Scotland’s 24 percent corporation tax is the lowest of the G7 countries (Canada, France, Germany, Italy, Japan, United Kingdom, and United States) making Scotland attractive to business investors
Research and Development investment in Montrose
Ingenza secures three new project funds from the Technology Strategy Board
CalaChem: the new name in Scottish fine chemicals
Pharma key facts
Scotland's abundant natural and sustainable resources have many distinct properties. Explore their innovative applications across life sciences, food and drink and chemicals sectors.
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