ABPI Parliamentary Reception 4 December 2024

Leaflet references

[1] Generated £7.4bn for the UK economy and created 65,000 jobs: Frontier Economics, ‘The value of industry clinical trials to the UK', September 2024, available at: https://www.abpi.org.uk/publications/the-value-of-industry-clinical-trials-to-the-uk/

[2] Benefitted the NHS by generating £1.2bn in direct revenue, with 13,000 jobs directly supporting NHS services: Frontier Economics, ‘The value of industry clinical trials to the UK', September 2024, available at: https://www.abpi.org.uk/publications/the-value-of-industry-clinical-trials-to-the-uk/

[3] £17.6bn in direct economic value: ABPI, ‘Life Sciences Superpower’, June 2022, available at https://www.abpi.org.uk/publications/abpi-life-sciences-superpower-report/

[4] 126,000 highly skilled jobs across the UK: ONS, ‘Business Enterprise Research and Development statistics 2022’ available at, https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/researchanddevelopmentexpenditure/bulletins/businessenterpriseresearchanddevelopment/2022

[5] The largest private sector investment in UK R&D, at £9bn in 2022: ONS, ‘Business Enterprise Research and Development statistics 2022’ available at, https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/researchanddevelopmentexpenditure/bulletins/businessenterpriseresearchanddevelopment/previousReleases

[6] Improved patient outcomes have been associated with Primary Care Networks collaborating on better disease management, such as high blood pressure: ABPI, Partnering for progress: a data-driven analysis of NHS-industry partnerships, available at, https://www.abpi.org.uk/publications/partnering-for-progress-a-data-driven-analysis-of-nhs-industry-partnerships/

[7] Using four medicines at NICE-recommended levels could add 429,000 healthy life years and £17.9 billion in UK productivity: ABPI, PwC - Transforming lives, raising productivity, available at, https://www.abpi.org.uk/publications/pwc-transforming-lives-raising-productivity/

[8] Vaccination, which remains the most cost-effective public health intervention second only to clean water: NHS England, NHS vaccination strategy, available at: https://www.england.nhs.uk/long-read/nhs-vaccination-strategy/

[9] Medicines and vaccines could contribute to a 20% reduction in incidence of six major diseases and could raise GDP by £26.3bn annually within 10 years: The Tony Blair Institute, ‘Prosperity Through Health: The Macroeconomic Case for Investing in Preventative Health Care in the UK’, available at, https://institute.global/insights/economic-prosperity/the-macroeconomic-case-for-investing-in-preventative-health-care-UK