The Economic Contribution of the Pharmaceuticals Sector in Scotland

Fraser of Allander Institute; Adam McGeoch; Mairi Spowage; Kate Milne; Jack Williamson; Calum Fox

The Economic Contribution of the Pharmaceuticals Sector in Scotland

Fraser of Allander Institute, Adam McGeoch, Mairi Spowage, Kate Milne, Jack Williamson, Calum Fox

Economics

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Abstract

The pharmaceuticals sector is a significant contributor to the Scottish economy and a key player in Scotland's life sciences sector. In this report, we use our detailed model of the Scottish economy to quantify the economic impact and wider spill-over effects of Scotland's Manufacturing of Pharmaceuticals sector. This report also includes analysis that considers a broader group of pharmaceutical contributors, which is most representative of ABPI members, that we call the 'Wider Pharmaceuticals sector'. Additionally, this report models the impact of the Life Sciences sector – a Scottish Government 'Growth Sector'. This report goes beyond economic impact assessment, highlighting these sectors' wider impact on the Scottish economy.

Original language	English
Place of Publication	Glasgow
Publisher	University of Strathclyde
Number of pages	42
Publication status	Published - 28 Feb 2023

Keywords

pharmaceuticals industry
economic growth
Scottish economy
Scotland

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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FAI-2023-The-economic-contribution-of-the-pharmaceutical-sectorFinal published version, 1.62 MBLicence: Strath_1

Cite this

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title = "The Economic Contribution of the Pharmaceuticals Sector in Scotland",

abstract = "The pharmaceuticals sector is a significant contributor to the Scottish economy and a key player in Scotland's life sciences sector. In this report, we use our detailed model of the Scottish economy to quantify the economic impact and wider spill-over effects of Scotland's Manufacturing of Pharmaceuticals sector. This report also includes analysis that considers a broader group of pharmaceutical contributors, which is most representative of ABPI members, that we call the 'Wider Pharmaceuticals sector'. Additionally, this report models the impact of the Life Sciences sector – a Scottish Government 'Growth Sector'. This report goes beyond economic impact assessment, highlighting these sectors' wider impact on the Scottish economy.",

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N2 - The pharmaceuticals sector is a significant contributor to the Scottish economy and a key player in Scotland's life sciences sector. In this report, we use our detailed model of the Scottish economy to quantify the economic impact and wider spill-over effects of Scotland's Manufacturing of Pharmaceuticals sector. This report also includes analysis that considers a broader group of pharmaceutical contributors, which is most representative of ABPI members, that we call the 'Wider Pharmaceuticals sector'. Additionally, this report models the impact of the Life Sciences sector – a Scottish Government 'Growth Sector'. This report goes beyond economic impact assessment, highlighting these sectors' wider impact on the Scottish economy.

AB - The pharmaceuticals sector is a significant contributor to the Scottish economy and a key player in Scotland's life sciences sector. In this report, we use our detailed model of the Scottish economy to quantify the economic impact and wider spill-over effects of Scotland's Manufacturing of Pharmaceuticals sector. This report also includes analysis that considers a broader group of pharmaceutical contributors, which is most representative of ABPI members, that we call the 'Wider Pharmaceuticals sector'. Additionally, this report models the impact of the Life Sciences sector – a Scottish Government 'Growth Sector'. This report goes beyond economic impact assessment, highlighting these sectors' wider impact on the Scottish economy.

KW - pharmaceuticals industry

KW - economic growth

KW - Scottish economy

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M3 - Other report

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The Economic Contribution of the Pharmaceuticals Sector in Scotland

Abstract

Keywords

UN SDGs

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