The pharmaceutical sector is very important to the UK. Pharmaceutical exports hold as much value as the aerospace industry and ensuring stability is vital for the economy. Employment within the industry has been stable for the past 10 years and the continuation of this is especially important for the 150,000 individuals employed within pharmaceutical research and manufacturing. The demand for pharmaceutical projects is always going to increase and is one of the main reasons why technologies such as Vacuum conveying machines that are supplied by companies like https://www.aptech.uk.com/pneumatic-conveying-systems/vacuum-conveying/ are utilised more and more. These systems allow for the quick and safe movement of medicines between different areas of a manufacturing plant, to prepare them ready for packaging and then distribution.
The UK pharmaceutical industry also consistently makes an important contribution. Around one-fifth of the most-used medicines worldwide have emerged from research conducted in the UK. Alongside UK investment, there are multiple pharmaceutical companies in the United States, Japan and Europe that are funding major research within the UK.
Along with many benefits, globalisation is also undoubtedly presenting a number of challenges. When large corporations restructure their operations, job losses and site closures are often the norm. An increase in outsourcing particular operations is also an issue.
Government-identified strategies include further funding, a focus on investing in innovative technology, and creating efficient regulatory approval for new treatments. As the Telegraph reports, this will be particularly important post-Brexit.
There is an increased need for deeper cooperation between the industry and academia. Employing graduates from many different disciplines who are looking for a career with opportunities for progression will enhance the sector. Identifying individuals with strong business skills will be required to ensure that British pharma will be able to successfully compete on a global level.
On many occasions, graduates are being given roles that do not allow them to fully apply all the knowledge and skills they have acquired. At some point an intervention, with solid scientific staffing solutions, will be required to ensure the industry continues to appeal to skilled individuals. Encouraging postgraduate study will also be important to continuously improve the quality and ability of the workforce.
A close working relationship between industry, universities and employers, is necessary to ensure there is never a skills shortage and that highly-skilled roles are never vacant.
Moving forward, the variety of skills needed to compete globally will only increase. Ensuring that there are multiple routes to employment within the industry, including apprenticeships and placements, will mean that the industry’s skill set is diverse and strengthened.