Industry Analysis & Industry Trends
The Biotechnology industry investigates the commercial applications of biological manipulation. It is fast becoming a prominent part of the UK life sciences scene alongside pharmaceutical and medical technology firms. The convergence of these three technologies is making it ever more difficult to identify the boundaries between them. The Biotechnology industry relies heavily on third-party financing, so the economic downturn posed significant funding challenges. Low business confidence made private financiers uncertain about investing in risky research and development (R&D) projects. This dampened growth, but could not contain it... purchase to read more
Industry Report - Industry Locations Chapter
The industry has developed in clusters around leading universities and research centres. These clusters have grown from universities that have commercialised their research by spinning off companies and publicly funded research institutions.
The two major biotechnology clusters in the United Kingdom are near Cambridge University in the East of England and Oxford University in the South East. In addition to the universities, the areas are home to a number of biotechnology companies, research institutes and hospitals. There are over 150 bioscience companies currently operating in or around Oxfordshire... purchase to read more