ÐÇ¿ÕÊÓÆµ

The value of industry clinical trials to the UK - extended report

The value of industry clinical trials to the UK - extended report

Publication date:

Publication size: 1.09 MB

Download

Commissioned by the ÐÇ¿ÕÊÓÆµ and written byÌý, this report examines the value of industry clinical trials to the UK, including the benefits of growing this activity. The report found that industry clinical trials in 2022:

  • Generated £7.4 billion for the UK economy, supporting a total of 65,000 jobs.
  • Raised £1.2 billion of ÐÇ¿ÕÊÓÆµ revenue, supporting 13,000 jobs in the ÐÇ¿ÕÊÓÆµ.
  • Helped prevent 3 million sick days by improving patient outcomes in research-active hospitals.
  • Led to almost 5,000 academic publications between 2019 and 2023.

This extended report builds on theÌýprevious reportÌýpublished in September 2024, which focused on the benefits to the UK economy, the ÐÇ¿ÕÊÓÆµ, and UK R&D, by extending the analysis to the benefits to patients.

Last modified: 02 December 2024

Last reviewed: 02 December 2024