The life sciences sector is worth approximately £80.7 billion and keeps over a quarter of a million people in employment in the UK. It’s a crucial sector as it supports two very significant industries: biopharmaceuticals and medical technology.
Globally, life sciences is worth around $285 billion and is a sector that continues to see growth, both in the UK and beyond. Such growth undeniably leads to expansion, and many life sciences companies seek additional talent for future projects and collaborations.
At Biotech Rec, we specialise in providing the best life science talent across the broad project lifecycle spectrum for companies in the UK and worldwide. But what types of capital expenditure (CapEx) projects do we support for our clients?
There’s no denying that greenfield investment in biotechnology sector projects has skyrocketed. The biotech sector primarily uses living systems and organisms for developing new products and technologies.
Of course, biotech is just one area of life sciences, yet it’s a noteworthy one given the phenomenal investment in greenfield biotech projects. As you may have guessed, we have particular expertise in biotech greenfield CapEx projects.
Greenfield projects are undoubtedly the “bread and butter” of many life sciences companies. Our specialist recruitment agency helps those firms get the right talent they need to realise their project goals, and we support them by providing life science subject matter experts.
Aside from greenfield biotech CapEx projects, we work with companies that have specialisms in other areas, such as pharmaceutical and medical devices.
Another way that we can help our clients is by delivering life science experts to work on new brownfield projects. Such projects are relevant now more than ever to many companies in the sector, given the current global impact of the COVID-19 pandemic.
Because of that and other factors, many pharmaceutical and medical device companies are deciding to bring back manufacturing operations they outsourced to other nations in the past. As a result, those companies require expert contractors with an intimate industry knowledge.
Life sciences companies will typically buy or lease an existing structure in many brownfield projects and conduct any modifications necessary to complete the setup process. Biotech Rec can provide the right contractors to make that happen.
Many life sciences companies find they don’t have sufficient resources to increase their output and also their exports to other nations. For example, the Office for National Statistics states 11.4% of all exported manufactured goods came from life sciences firms in 2016.
However, such manufacturing and exports can only increase if there is a significant investment in the sector. The only way an expansion project can get concluded successfully is if it has the right talent on board.
We can look to our internal network of experts and seek recommendations to support your future life sciences expansion projects.
When pharmaceutical manufacturing automation systems age, mission-critical hardware and components will eventually fail or become obsolete. There will come a time when those systems will inevitably need replacement.
As you can imagine, major system retrofit projects face many challenges, risks, and constraints. The correct planning, organisation, and execution of those projects are crucial to producing a successful result; otherwise, an adverse manufacturing impact will ensue.
That’s why it makes sense to onboard highly skilled and qualified contractors that are both passionate and knowledgable about retrofit projects in the life sciences sector.
As you might expect, it’s not just pharmaceutical manufacturing automation systems that will need upgrading on occasion. The employees of some life sciences companies complete specific tasks manually and sometimes with obsolete equipment.
The problem with that approach is those companies will invariably end up with issues surrounding accuracy, precision and throughput capacity. Those issues will end up costing those companies a lot of money to resolve.
Upgrading equipment ensures that life sciences firms can perform tasks accurately and efficiently while keeping their costs down. Biotech Rec can access a pool of professionals with expertise and experience in life sciences equipment upgrade projects.
It’s no secret that technology transfer is a specialist and evolving field that combines scientific and business approaches to create a successful outcome. It’s a field that is necessary for deploying life sciences projects into society.
Tech transfers formalise the process of successfully moving the reproduction and manufacturing of products from a single facility or scale to another. It’s a process that can occur several times before it reaches commercial production.
During each move or phase, it can be necessary to optimise or redevelop certain aspects of the process. In those times, a life sciences business may need extra personnel or experts to retrain existing teams.
Pharmaceutical and medical device manufacturing facilities are often subject to regulatory sanctions. Sometimes, there might not be any sanctions, but regulatory inspections might unearth problems that need resolving urgently.
When a life sciences company becomes the subject of such inspections and needs to make changes, they will need to form a team to identify and resolve those issues. With that in mind, those companies will need top talent for their remediation projects.
At Biotech Rec, we have the expertise and experience to help you put together effective remediation teams at your facilities. Our subject matter experts will help you define and implement milestones for key deliverables.
Biotech Rec has a comprehensive recruitment process, and it’s thanks to this process, we’ve created a stellar reputation for having a “right-first-time” approach. Most of our network of subject matter experts have worked with us on numerous CapEx projects previously.
We also have an extensive headhunting process to identify and deploy contractors that are new to us but are sufficiently qualified and experienced to best suit your project needs.
Contact us today to find out how we can help you deliver your future CapEx programmes.
