Biosciences bioscience pharmaceuticals medical deviceindustry employing workers collaborations universities businesses bioscience cluster Cardiff Cardiff University private sector investment opportunity capital wales UK investment equity grants loans
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Home > Key Sectors > Biosciences

Biosciences

Wales has a thriving bioscience, pharmaceuticals and medical device industry with over 250 companies employing over 15,000 workers, supported by collaborations between Universities and businesses. 

The bioscience cluster in Cardiff is built around links between Cardiff University and the private sector companies in the locality.

Pharmaceuticals are also recognised as having strong potential for rapid economic growth, with Cardiff currently accounting for around one-third of pharmaceutical jobs in Wales. The pharmaceutical industry in Cardiff is expected to register GVA growth of 6.75% per annum – the same as the UK – and employment growth of 1.5% per annum between 2006 and 2016 – three times the rate projected for the UK as a whole.

The Bioscience sector is underpinned by the merger of Cardiff University and the University of Wales College of Medicine (UWCM) which took place in 2004 and the sector will be further augmented by the development of a Healthcare and Life Sciences Cluster at Roath Basin in Cardiff Bay.