Recruitment Agency Now

Navigation

Loading...
You are here:  Home  >  News  >  Main News Section  >  Current Article

Future opportunities in UK biotech ‘look bright’—APSCo

October 12, 2017  /   No Comments

Future opportunities in UK biotech ‘look bright’—APSCoThe number of new job openings within biotech increased by more than a third (36.1%) during the year ending 31st August 2017, says the Association of Professional Staffing Companies (APSCo).

This is even though overall vacancies within the life sciences sector dipped by 5.2% during the same period.

The news comes following reports from the UK BioIndustry Association (BIA) that the UK’s biotech sector is set to close the gap on San Francisco and Boston, the two leading centres for life sciences, after receiving more venture capital funding than any other country in Europe last year.  

The data, which is provided by business intelligence specialist, Vacancysoft, also found that demand for professionals within ‘Big Pharma’ decreased by 12.2%, while hiring activity within Contract Research Organisations (CROs) remained largely stable, with vacancies dipping by just 0.15% over the 12-month period.

The majority of vacancies recorded (55.4%) continue to be for scientists, however the profession saw 6.3% fewer openings year-on-year. Demand for sales staff, meanwhile, increased by 8.8% over the year.  

Ann Swain, Chief Executive of APSCo, commented: “Despite concerns around how reduced access to markets post-Brexit will impact UK pharma jobs, the sector remained resilient in the year to August, with biotech performing particularly well.

“The pharmaceuticals sector currently supports around half a million jobs in the UK, and contributes roughly £60 billion to our economy. While overall vacancies are down marginally, the fact that global pharma giants such as AstraZeneca are continuing to invest in the UK indicates that future opportunities look bright. Particularly when you consider that BIA’s report found that the UK had the most robust clinical pipeline in Europe.”

    Print       Email

RA Now TV

RA Now 2016 Preview

RA Now 2016 Preview

View all →

Your Voice

  • Oct 12
    Via @umbrella_co_uk on Twitter  Three things contractors could find in the Autumn Budget 2017.  #UmbrellaBudget http://ow.ly/fMuR30fz9MC  Read More
  • Sep 28
    Via @UndercoverRec on Twitter  How can employers avoid bias in the recruitment process?  http://ow.ly/wDvU30ftE2l Read More
  • Sep 14
    Via @iMariaJohnsen on Twitter Talent Acquisition in the Digital Marketing Sector http://ow.ly/s5An30f8Dvg Read More
  • Aug 24
    Via @TheRecNetwork1 on Twitter  Struggling to find and retain talent in your business? We've written a great guide to help you tackle this issue! http://ow.ly/kC4d30eBerg Read More

RSS News

Archive