Life Sciences: Investment
(asked on 10th July 2026) - View Source
Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, with reference to her Department's joint press release entitled UK life sciences attracts £3bn investment, creating jobs and faster patient treatments, published on 9 July 2026, what estimate she has made of the number of jobs directly created by the £3 billion investment.
Answered by
Kanishka Narayan
Minister of State (Cabinet Office) (Jointly with the Department for Business, Innovation, Science and Technology)
The Department does not hold estimates for the number of jobs impact for all of the investments that make up the £3bn investment figure. However, we have assessed jobs created by the Life Sciences Innovative Manufacturing Fund. £87 million has been committed so far to nine projects, unlocking £657 million of private investment, creating 272 jobs and safeguarding a further 1,030. Moderna’s £1bn investment in its new Innovation Centre in Harwell, as part of a 10-year strategic partnership with government to discover new therapies and boost pandemic resilience, will support around 150 highly-skilled jobs.