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Pharmaceuticals

  • [New] By the numbers: The AI market for pharmaceuticals rose from $200 million in 2015 to $700 million in 2018, and it's projected to grow to $5 billion by 2024, while AI-related job listings in the drug industry have tripled over the past two years. Axios
  • Pharmaceutical company AstraZeneca will create 100 jobs in Ireland as it invests $360 million in an advanced manufacturing facility in Dublin. The Irish Times
  • The market demand and government focus on U.S. self-sufficiency in EV batteries, rare earth minerals, pharmaceuticals / PPE and semiconductors alone will result in 10,000 s of jobs announced. Reshore Now
  • About 150 jobs are set to disappear from Manukau as Australian Pharmaceutical Industries plans to stop manufacturing in New Zealand. NZ Herald
  • ThinkHUGE envisions that small and medium enterprises in the United States run by Central American immigrants will also be encouraged to expand their markets and work with local businesspeople in Central America. RealClearPolicy
  • Ireland's large Pharmaceutical, Technology sectors will benefit along with their vendor ecosystems bringing more high value jobs to the Irish Economy. Images
  • Synthetic lethality opens new opportunities to realize the full potential of precision cancer treatments. Scientific American
  • COVID-19 has claimed over 500,000 American lives and cost trillions of dollars, demonstrating the devastating and increasing risk of pandemics and other biological threats. The White House
  • It will support more than 750,000 new American jobs with six categories of focus including food processing, goods not for resale, pharmaceutical and medical supplies, plastics, small electrical appliances and textiles. Retailwire
  • Advanced-manufacturing job postings have risen in the Indiana Uplands during the pandemic given the region's strong pharmaceutical and medicine manufacturing industry, which will likely help drive its advanced-industry sector recovery. wp-content
  • Indian pharmaceutical and biotechnology giant Wockhardt has confirmed further investment in Wrexham, Wales, leading to more than 40 new jobs and the extension of their Covid-19 vaccination contract to ensure the UK has uninterrupted fill and finish capacity for vaccines in 2022. GOV.UK
  • Using the World Bank projected industry growth rates of between 7.6% and 12%, employment in pharmaceutical manufacturing is expected to grow by a minimum of 16.2% to 5,020 and a maximum of 26.4% to 5,464 in 2023. 2020 Kenya Institute for Public Policy Research and Analysis
  • Huvepharma, a global pharmaceutical company that develops and manufactures human - and animal-health products, announced a $1.9 million expansion of its poultry vaccines plant in Maxton, in rural Scotland County, that will add 10 jobs. WRAL Techwire
  • Demand for pharmaceutical products in Africa is expected to double to EUR 60 billion by 2020. European Investment Bank
  • UK pharmaceutical industry body the ABPI, which warns of a brain drain from a sector that contributes about 2.7 billion pounds ($3.55 billion) to the economy and around 47,500 jobs. Reuters
  • Chinese tariffs alone could have a negative impact on 2.1 million jobs across 40 different industries: Top U.S. industries - such as the plastics, aircraft, pharmaceutical, agriculture, and automotive manufacturing markets - could see major disruption as a result. Thomasnet
  • As expected, the European Medicines Agency is to relocate away from its long-term UK home in London's Docklands, and after a multi-country beauty contest, Amsterdam won out over Milan following a tied vote and the drawing of lots: A thousand UK jobs will be lost as a result, and uncertainty remains. Chemistry World
  • Future jobs growth in UK life sciences is expected to be driven by the expansion of specialist fields such as gene therapy. PharmaTimes
  • Roughly $60 billion of drug sales for companies including Roche Holding AG, Sanofi, and Eli Lilly & Co. are threatened by potential rivals. Bloomberg Business
  • Any changes to the existing system that do not uphold science-based decision-making threaten to expel innovation from the EU at a time when the EU should be promoting innovation, growth and jobs. Politico
  • The EU has admitted that TTIP will probably cause unemployment as jobs switch to the US. The Independent

Last updated: 24 October 2021


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