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Veterinary Medicines in Britain: Output and Industry Organisation since 1900 1
Andrew Godley, T.A.B. Corley
Journal:

Medical History / Volume 55 / Issue 3 / July 2011

Published online by Cambridge University Press:

17 May 2012, pp. 361-364
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The historical development and economic impact of pharmaceuticals in the UK are nowadays reasonably well documented. That industry has become the most profitable and fast growing of the country's high-tech industries. Its member firms undertake more than one-fifth of the national research and development (R&D) activities, one half being carried out in Britain, and currently achieve a £2.4 billion favourable trade balance with the rest of the world.