Pharma and med-tech
The story so far...
Scientific research and development is a sector that is rapidly growing to provide solutions to the problems of tomorrow and many businesses are making Basingstoke their home in order to facilitate this development. Home to 762 companies, scientific research and development is one of Basingstoke’s priority sectors, employing almost 2,700 employees.
Industries in this sector range from those involved in drug development and management of clinical trials, to pharmaceutical and medical technology companies, and include businesses of all sizes. The 762 companies that call Basingstoke home collectively combine for a total turnover of £1.38 billion with Genus leading the way with a turnover of £574 million, this demonstrates that scientific research and development firms can choose Basingstoke as a
base to host their multi-million pound operations or springboard their business from it.
Where are we now?
- 762 companies in the sector based in the borough (Q2, 2022)
- Over 2,600 jobs (2021)
- The pharma and med-tech industry contributes towards the overall GVA for manufacturing and other professional, scientific and technical activities. This is estimated to be £35million and £343million respectively for a combined total of £378million.
Harnessing our talent
For many companies, the talent pool is an important factor in their choice of location. Basingstoke is a place where great ideas are shaping things to come.
Our competitive advantage:
- A healthy mix of homegrown businesses and multinationals, from pharmaceutical firms to those in the wholesale trade, firms are already here and employ 2,689 people.
- The pharmaceutical and medical technology industry contributes employees supporting
manufacturing and professional, scientific and technical activities which employs a combined total of 13,238 employees. - Access to talent, at trainee, graduate and post graduate level, for student placements, work experience, projects, R&D and recruitment.
How we can help
The Economic Development team can save your business time, money and effort by utilising our expert knowledge of the area. We can help you with:
- Your property search.
- Recruitment and training.
- Making introductions to the business community.
- Connecting your business to growth support.
- Co-ordinating with our internal teams to make your move as smooth as possible.
- Promotion following your move to Basingstoke.
Get in touch via business@lovebasingstoke.co.uk
Page updated March 2024
