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Despite a challenging start to 2020, life sciences is predicted to maintain its growth position. In the UK the government continues to invest in the sector, with a £10 million innovation development scheme announced in February to boost industry growth.
A global hub
We are already seeing a significant trend for pharma and biotech companies relocating their flagship sites to central London and the NHS Confederation has also called on the government to make drug manufacture in the UK as attractive as possible – a move which will no doubt further cement the UK as a hub for life sciences.
Project Defend, which aims to diversify the UK’s imports of critical goods, will likely also have an impact on the future of the industry, as organisations expand their global supply chains.
Demand for professionals within Life Sciences is also a constant; in 2019 there was an increase of 25%. The continued growth and diversification of the industry, plus the drive to attract global talent, means that relocations, secondments and corporate travel are commonplace - with many staff spending several nights a week – or even months – away from home.
The Apartment Network works with organisations of all sizes within the life sciences sector to facilitate the staff accommodation for corporate travel, providing a flexible and cost-effective alternative to hotels for both short and long term stays.
With large pharmaceutical organisations signing up to the Time to Change pledge, and widespread initiatives for wellbeing, mental health awareness is a key topic within the life sciences industry. Employees are encouraged to limit their time driving and travelling and ensure they put their health first. Environment can have a significant impact on both mental wellbeing and productivity. Providing a more spacious, comfortable and private space for employees when they are seconded or working away from home can help support your existing wellbeing initiatives.
As the industry diversifies and continues to grow, so too does the need for accommodation for relocations, corporate travel, events and training.
We work with a trusted network of apartment providers and your account manager will look after you to ensure a sensible, cost effective solution to your brief.
Let us do the hard work – we will save you time and money as we search, refine, and negotiate on your behalf.
To find out more about the Apartment Network: Please visit our About Us page.