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<p>In 2014 the Life Science industry generated a trade deficit of £5.0bn for the UK.</p><p>
</p><p> </p><p> </p><p>Life Sciences goods that can be identified through standard
industry classifications consists of pharmaceuticals, irradiation, electro-medical
and electrotherapeutic equipment and medical and dental supplies.</p><p> </p><p> </p><p>
</p><p>Recent changes to international legislation on the compilation of the Balance
of Payments have classed the trade in illegal drugs as pharmaceuticals. This change
accounted for £4.3bn of the imports of pharmaceuticals in 2014.</p><p> </p><p> </p><p>
</p><p>Comparable figures for Scotland alone are not available.</p><p> </p><p> </p>
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