You mentioned retention and job employment opportunities are more in the pharmaceutical industry; can you clarify this in UK?
Yes, the UK pharmaceutical industry offers strong job opportunities across research, manufacturing, regulatory affairs, and sales, with around 126,000 people employed and £26.1 billion in exports in 2023.
However, the sector does face retention challenges:
- 12.4% voluntary attrition rate for R&D scientists in 2024, mainly due to competition from tech-pharma companies.
- 44% of employees cited limited career progression as a reason for leaving in 2023.
Despite these issues, the industry remains a key part of the UK economy with diverse career prospects.
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