The BIA campaigns for finance, tax and investment policies to support UK bioscience companies to start and scale-up.
The Finance and Tax Advisory Committee (FTAC) leads the BIA’s policy development, drawing on the expertise and experience of the membership. Our strong links to the Treasury, HMRC and the Department for Business, Energy and Industrial Strategy ensure that the voice of the bioscience sector is heard at the highest levels.
FTAC also provides finance and tax support for BIA members through events and guidance documents.
The BIA works with the investment community to raise to profile of UK bioscience and publishes regular reports on the levels of investment in the sector. The UK is the European leader in bioscience investment and is in a strong position to close the gap on the leading life sciences clusters in Boston and San Francisco and achieve the BIA's vision of becoming the world's third largest global biotech cluster.Bioscience sector financial statistics for 2016 from BIA's report Building something great UK's Global Bioscience Cluster 2016 (full report can be found here).