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The UK pharmaceutical sector is a global giant — in

14th June 2007, Page 57
14th June 2007
Page 57
Page 57, 14th June 2007 — The UK pharmaceutical sector is a global giant — in
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Which of the following most accurately describes the problem?

2003, the industry had a 20% market share of the world's top 100 medicines. The sector performs particularly well in trade surplus rankings, too. Three years ago, the business generated a £3.4bn surplus for Britain. A total of 73,000 people work directly for the sector and in 2004, each employee generated £85,493 towards the Gross Domestic Product.

Half the pharmaceuticals sold in this country have been developed domestically. Transport companies such as Healthcare Logistics have a big role in delivering these goods, although there is also a large export market. In 2005, £12.2bn-worth of pharmaceuticals were sold to other countries. This, too, creates opportunities for road transport firms.

Curiously, however, many operators that serve this sector were reluctant to speak to CM. This could be down to the often sensitive nature of their loads, or perhaps they didn't want the competition to know exactly what sort of operations they ran.

Whatever the details, the sector is one of the most demanding. Extra security measures, the fact that you need decent reefer equipment and unconventional drop sites are only three of the specialist factors that distinguish this business from general haulage operations.