News
Scottish Government launches life sciences strategy with £25bn ambition
The Scottish Government has launched a life sciences strategy in a bid to push the industry's value to £25 billion in the next decade.
Business minister Richard Lochhead announced "targeted" investment in the sector on Thursday which the Government has said will focus on economic growth, innovation and transform care.
Source: Business Insider
Growing a £25 billion industry
A new plan to help Scotland’s Life Sciences sector become a £25 billion industry by 2035 has been published.
The Scottish Government’s refreshed Life Sciences Strategy sets out steps to build the infrastructure and skills needed while harnessing new technologies such as Artificial Intelligence.
Leading lights of life sciences sector to meet in Glasgow
The Scotsman, in partnership with headline sponsor IQVIA, will hold its flagship Life Science Conference 2025 at The Social Hub in Glasgow’s Merchant City on Thursday 27th November. It is described as essential for anyone interested in the future of personalised medicine, biotech entrepreneurship, data-driven healthcare, and green innovation.
Source: The Scotsman
Scots University Projects Receive Gov Funding to Go Commercial
The Scottish government is awarding projects across ten Scottish universities with the £2.95m Proof of Concept Fund to support harnessing their ground-breaking academic ideas for commercial use.
Source: DIGIT
Associate feature: A Manifesto for Health and Growth
Every advance in medicines – from vaccines to treatments that extend life – depends on strong partnerships between government, the NHS, academia and industry. This “triple helix” drives Scotland’s life sciences growth, contributing over £1.7 billion to the economy and supporting 15,000 high-value jobs.
Source: Holyrood
Scottish Government backs 'innovative industries' with £5 million
The Scottish Government has announced a nearly £5m investment package backing businesses in innovative industries.
It will provide more than £2m of support for new market clusters set out in Scotland’s Innovation Strategy, including space, robotics and critical technologies like semiconductors and quantum systems.
Source: Business Insider
Innovation must remain ‘Scotland’s greatest export’, says business secretary
Innovation must remain “Scotland’s greatest export”, business secretary Richard Lochhead has said as the first National Innovation Week begins. More than 80 events are set to take place across the country over the next five days, with more than 200 delegates expected to attend an Innovation Summit in Edinburgh on Thursday.
Source: STV News
Why collaboration will be key to driving biotech growth
Biotechnology in Scotland is stepping out of the shadows. No longer a specialist sector, it has become an essential lever for public health, climate resilience and economic renewal. Life sciences now touch every aspect of modern life, from infection prevention and advanced diagnostics to sustainable materials and digital therapeutics
Source: The Scotsman
Scotland’s National Innovation Summit, Celebrating Scottish Innovation
Business Minister Richard Lochhead has announced Scotland’s first National Innovation Week will take place later this year..
Taking place from Monday 22 September to Friday 26 September, it will celebrate Scotland’s proud legacy of innovation while showcasing the country’s global leadership in pioneering the transformative technologies and industries of the future.
Edinburgh research organisation receives £3.6 million for AI health project
An Edinburgh-based research organisation has been awarded £3.6m from Scottish Enterprise for a project that uses artificial intelligence (AI) to improve medical scans and speed up data analysis.
Canon Medical Research Europe’s (CMRE) new project will cost around £14m in total, and is expected to benefit both patients and health services.
Source: Business Insider