Strengths
More than half of pharmaceutical companies in Scotland are global corporations, attracted by the many benefits that Scotland has to offer.
- Pharmaceuticals contribute 11 percent of the industry’s GVA in 2008
- Scotland has one of the highest intensity of pharmaceuticals R&D of all European countries
- Nine universities in Scotland have strong pharmaceutical research departments
- Scotland has a well-established infrastructure − includes large industrial sites equipped with world-class facilities Suitable for pharmaceutical operations, such as Earls Gate Park and Grangemouth Technology Park
- To aid growth in the pharmaceuticals sector financial assistance may be available from the Scottish Government
- Scotland provides a supportive business environment with a favourable regulatory framework
Skills and expertise
- An established and highly skilled labour force
- Strong ties to Scottish universities − our world-class academic sector ensures a steady supply of talented graduates. Each year Scotland produces around 1000 graduates with a degree in chemistry or a related subject.
- Significant research in universities into basic pharmaceuticals and pharmaceutical preparations
- Extensive training programmes − for those involved in the industry from technician to post-doctorate levels
Supportive infrastructure
- Collaborative networks − research, development and production are supported by the strong ties between the pharmaceuticals sector, the wider chemicals industry and academia, such as the Association of British Pharmaceutical Industries (ABPI)
- Scotland’s 26 percent corporation tax is lowest of the G7 countries (Canada, France, Germany, Italy, Japan, United Kingdom, and United States)
Cost-competitive
- Competitive salary rates − labour regulations in Scotland are flexible, and high-calibre staff are available at lower rates than in many comparative locations
- World-class facilities at competitive prices – Scotland offers a number of large cost-competitive sites suitable for pharmaceutical operations including Grangemouth Technology Park