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20 Nov 2025
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20 Nov 2025
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The Scottish Government is to launch a life sciences strategy on Thursday in a bid to push the industry’s value to £25 billion in the next decade.
Business minister Richard Lochhead is to announce “targeted” investment in the sector on Thursday which the Government has said will focus on economic growth, innovation and transform care.
The document will draw on what the minister described as the “power of the triple helix” of industry, academia and the public sector.
Speaking before the launch, the minister said: “In the past five years, the life sciences sector has shaped our response to a global pandemic, responded to new opportunities in personalised medicine, health technology and medical devices, and played its part in meeting the Scottish Government’s net zero commitments.
“Scotland is rich in talent and already the destination of choice for many global businesses, investors, researchers and innovative health and care professionals.
“Our strategy will build on these strengths and outline actions to harness the power of the triple helix – industry, academia and the public sector – to collaborate and grow life sciences, using new technologies such as artificial intelligence.”
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