Our panel of experts provided insight on the new and emerging relationship between life sciences and health services, net zero, ESG and building safety.
Health services have largely left the world of life sciences to the industry itself, to universities, science and technology parks and research institutes. The progressive companies and the enlightened NHS providers have realised that this is not enough. There are opportunities for improved health services, for easier product development, and for greater investment in UK plc if health services and the life sciences industry can learn to work better together.
Malcolm Lowe-Lauri, Head of Public Healthcare at Grant Thornton, discussed the new and emerging relationship between life sciences and health services drawing from his experience working at Cambridge University hospitals as well as his advisory work in a number of countries.
In addition to these opportunities, there are a number of challenges that all NHS Trusts will need to nimbly navigate. The draft Building Safety Bill recently published aims to ensure that all high rise residential buildings are safe and will be relevant to some key-worker accommodation. Additionally, the need to consider portfolios in light of Net Zero targets mean that estates budgets will be under pressure and prioritising programmes of work will be key. The trend towards ESG reporting will also be discussed, with NHS Trusts perfectly placed to join the dots between the social impact they create and future third party finance reporting requirements. Chris Paul and Rebecca Rees provided a brief overview to all of these issues.
The full webinar recording can be seen below:
