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Worldwide healthtech growth: how the UK and Scotland are positioned

Pharmaceutical Technology

How the UK is positioned for healthtech growth. The UK’s growth has been similar to global trends, with a CAGR of 11.6% in healthtech, while UK deals accounted for more than one-third of Europe’s healthtech M&A in 2021 and 7.5% In terms of deal value, the UK posted $7.4bn (£6.5bn), the second most globally behind the US.

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Oligonucleotide manufacturing centre to open in Scotland

European Pharmaceutical Review

Following the UK government’s recent announcement of a £520 million funding boost for UK manufacturing, a new Oligonucleotide Manufacturing Innovation Centre of Excellence in Scotland will develop innovative and sustainable techniques for these medicines. The project will be jointly funded by the UK and Scottish Governments.

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MSD medicine accepted for use in Scotland

European Pharmaceutical Review

MSD’s WELIREG ® (belzutifan) has been accepted for use within NHS Scotland in adults who have von Hippel-Lindau (VHL) disease. The treatment was approved by the UK Medicines and Healthcare products Regulatory Agency (MHRA) in May 2022. Its authorisation made the UK the first country in Europe with a license for this treatment.

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Cancer Research UK invests £123m in Scotland

Pharma Times

The investment will support research into cancer treatments and diagnosis - News - PharmaTimes

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Parkinson’s UK grants £400,000 to research projects in Scotland

Pharma Times

The two projects will investigate the potential causes of Parkinson’s disease - News - PharmaTimes

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Utrogestan accepted as HRT in Scotland

European Pharmaceutical Review

Utrogestan 100mg, a product by Besins Healthcare UK, is a body-identical hormone, which means it has the same molecular structure as the hormone produced by the body. Del Cohen, Managing Director at Besins Healthcare UK, stated: “Utrogestan offers women an increased choice in approved medicines for HRT.

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AstraZeneca’s tezepelumab and dapagliflozin accepted for use in Scotland

European Pharmaceutical Review

Two of AstraZeneca’s key medicines have been recommended for use within NHS Scotland by the Scottish Medicines Consortium (SMC). First-in-class medicine tezepelumab now has the widest patient access for any severe asthma biologic in Scotland.

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