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The South East has a Gross Value Added (GVA) of £158 billion (approx $290 billion / €230 billion). This is similar to that of Norway and Austria. |
With a population of eight million and a workforce of 4.2 million, the South East is the largest region in the UK. |
Approximately 287,200 VAT registered enterprises are present in the South East, more than any other UK region. |
The South East is the largest exporter in the UK, with £29 billion (approx $52 billion / €41 billion) of goods moved in 2004. |
The labour force is highly educated with 90% of the working age population holding an academic qualification and over one third of the workforce holding a degree. |
Workers with good language skills are readily available in the region due to the truly international workforce of 585,000 people who were born outside of the UK. |
Around nine working days a year are lost per employee due to sickness, the lowest amount for a UK region. |
The region is home to 24 universities and higher education institutes, where nearly 200,000 study. This includes the University of Oxford, one of the most prestigious universities in the world. |
South East universities work very closely with business, with over 2800 research conracts won annually, higher than any other UK region. |
The region's 24 universities and higher education institutes supply over 73,000 graduates per annum. |
£4.66 billion (approx $3.06 billion / €2.43 billion) is spent on R&D annually, nearly one quarter of UK expenditure. |
South East organisations undertaking R&D employ 45,800 people, which is almost 25% of the UK R&D workforce. |
The South East has the highest number of patents granted in the UK. The statistics show that 820 patents, over 20% of the UK total were granted to firms based in the South East in 2004-5. |
There are 6,540 foreign-owned companies in the South East. |
With three international airports, 11 sea ports, 108 motorway junctions, 77 train stations and access to the Channel Tunnel, the South East has one of the most extensive transport infrastructures in Europe. |
Heathrow, the world's busiest international passenger airport, is home to over 90 airlines serving approximately 186 destinations. It handles over 67 million passengers and 1.3 million tonnes of freight each year. |
It takes 35 minutes to travel through the Channel Tunnel between the UK and mainland Europe. Most major towns in the South East are connected by rail to central London with a journey time of under an hour. |
Almost one third of the land in the South East (637,000 hectares) is designated as an Area of Outstanding Natural Beauty (AONB), more than any other UK region. |
In 2004-5, the South East had the second lowest crime rate in England with 8,983 reported crimes per 100,000 people. |
94% of the South East population is in good or fairly good health, which is higher than any other UK region. |
Eurostar has set a record for the quickest train journey between Paris and London of just 2 hours, 3 minutes and 39 seconds, meaning a typical journey will take just over 2 hours when the line opens in November 2007. |
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| Healthcare & Life Sciences |
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31 March 2007
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Sector Overview
 If you are growing your international business presence in the life science and healthcare industry, you need to consider the UK’s South East. Whether your business is looking to expand into new markets, carry out cutting edge R&D activity, identify new business partners, or position itself nearer to suppliers and competitors, the South East is the place to be. The region is home to the highest concentration of healthcare companies in the UK and is the main location of choice for foreign-owned companies with over 6,900 companies employing 240,000 people.
- The region is home to 11 of the world’s top 12 pharmaceutical companies, which are located in the South East or near its border, including Johnson & Johnson, Wyeth and GlaxoSmithKline.
- Twenty percent of the UK’s medical devices companies are based in the region. The success of these companies is enhanced by strong electronics, engineering software and biotechnology sectors.
- Many leading biotechnology companies have operations in the region. Investment and research in this area is supported by organisations such as Oxford Bioscience. Biotech companies located in the region include Genzyme, Takeda, Murex Biotech, and Astellas.
Businesses in this sector are drawn to the South East for many reasons. One major attraction is The National Health Service (NHS), the main UK customer for healthcare products, with its purchasing and supply agency based in Reading. The region’s close location, and therefore quick access, to financial and medical centres in London, is also a huge advantage.
Renowned for its expertise and expenditure in research and development, the South East has welcomed key research and production facilities of global healthcare organisations, including Pfizer, the UK’s largest pharmaceutical company, Genzyme, one of the world’s leading biotechnology companies, and Respironics UK Ltd, a US medical devices company.
The region is home to three internationally renowned centres of clinical research excellence. The University of Oxford is a world leader in life science research. Its Department of Biochemistry is one of the largest in Europe, specialising in genetics, molecular cell biochemistry and structural biology. The University of Sussex has four Life Sciences Departments and centres for Neuroscience, Biomolecular Design and Drug Development. In addition, the Universities of Brighton, Kent, Reading and Surrey all carry out internationally recognised Life Science and Healthcare research projects.
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