Recent years have seen Wales become home to a thriving community of bioscience businesses, ranging from international pharmaceutical companies to more research orientated businesses and contract research organisations.
Close co-operation between bioscience companies and Wales’ universities has resulted in a winning combination with huge potential, said the Minister.
We now have a 21st century industry that contributes more than £1.3 billion to the economy of Wales – one that continues to expand, with an impressive growth rate of 18 per cent in the last financial year.
Mr Jones, who is also Minister for the Economy and Transport, was addressing the 3-day Annual Conference and Exhibition Association of the British Pharmaceutical Industry (ABPI) at the Celtic Manor Resort (November 14-16) – the first time for this UK-wide event to come to Wales since devolution.
The Deputy First Minister praised the role of the ABPI office in Cardiff, whose advice is of great assistance to the Welsh Assembly Government, Welsh Universities and the health service.
15 November 2007