UK life sciences to gain greater market access across the Commonwealth

The Northern Health Science Alliance has signed a memorandum of understanding (MOU) with Life Sciences Queensland (LSQ) in Australia and another MOU with Scan Health and World Health Innovation (WIN) in Canada to open the door to working across the Commonwealth countries.

These joint working arrangements will benefit UK, Canadian and Australian patients and industry by helping new expertise and research to be shared quickly and effectively across the countries booming life sciences economies.

The MOU is designed to open up opportunities for UK companies to expand into Australia which has a £28bn life sciences economy and Canada, which has a £17bn life sciences economy and for their companies to bring the latest health technology and treatment to the North and vice-versa.

Dr Hakim Yadi, CEO of the Northern Health Science Alliance said: “This joint working arrangement means that the life sciences industries in Australia, Canada and the UK will benefit from closer relationships.

“There is a real international appetite to work with the North’s health research system – demonstrated by these MOU signings and our recent MoU signing with the leading Singaporean MedTech Accelerator Zicom MedTac Pte Ltd. As a result there are now a number of Singaporean companies conducting research studies in partnership with Northern Universities and Hospitals.

“We want to best and brightest companies to come and work in the North of England – and for the best and brightest of our companies to spread their wings internationally.