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05/02/2015
Minister Launches MATRIX Life & Health Sciences Foresight Report
Enterprise, Trade and Investment Minister Arlene Foster has launched the MATRIX Life & Health Sciences Foresight report.
The report identifies the increasing need for more personalised healthcare and the impact that the growing ageing population will have on the way healthcare is delivered.
Speaking at the launch, Arlene Foster said: "Life sciences have been recognised by the Northern Ireland Executive as one of the priority sectors in helping to drive the future growth of our economy.
"Currently this fast growing sector incorporates around 130 local businesses employing over 7500 people involved in areas such as diagnostics, data analytics, pharmaceuticals and e-health. It is generating sales worth about £800m a year and accounts for 10% of all Northern Ireland exports.
"The MATRIX Life & Health Sciences Foresight report outlines a real opportunity for the region to become a centre of excellence and attract foreign investment by investing in and supporting the life sciences sector both in government, business and academia.
"We know that we need a more 'joined up' approach to maximise the potential of the life and health sciences and I am delighted a pilot health, innovation and life sciences hub is about to be set up here in Northern Ireland to do just that.
"The recommendations contained within the report will now help inform a Life & Health Sciences Strategy for Northern Ireland, led jointly by my Department and the Department of Health."
(CD/JP)
The report identifies the increasing need for more personalised healthcare and the impact that the growing ageing population will have on the way healthcare is delivered.
Speaking at the launch, Arlene Foster said: "Life sciences have been recognised by the Northern Ireland Executive as one of the priority sectors in helping to drive the future growth of our economy.
"Currently this fast growing sector incorporates around 130 local businesses employing over 7500 people involved in areas such as diagnostics, data analytics, pharmaceuticals and e-health. It is generating sales worth about £800m a year and accounts for 10% of all Northern Ireland exports.
"The MATRIX Life & Health Sciences Foresight report outlines a real opportunity for the region to become a centre of excellence and attract foreign investment by investing in and supporting the life sciences sector both in government, business and academia.
"We know that we need a more 'joined up' approach to maximise the potential of the life and health sciences and I am delighted a pilot health, innovation and life sciences hub is about to be set up here in Northern Ireland to do just that.
"The recommendations contained within the report will now help inform a Life & Health Sciences Strategy for Northern Ireland, led jointly by my Department and the Department of Health."
(CD/JP)
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