A new economic impact report details the financial contributions of the Cambridge Biomedical Campus (CBC), which celebrates its 60th anniversary this autumn. The independent report by the Centre for Economics and Business Research (Cebr) for the first time calculates the economic benefits of CBC also highlights the health and research benefits for the region.
The campus supported an aggregate economic footprint of £2.2 billion worth of Gross Value Added to the UK economy and that as well as being the largest employment site in Cambridge, over 15,000 additional roles are supported across the regional supply chain and local businesses.