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Post-Brexit, Could A Sector Deal Boost UK Life Sciences?

 
• By John Davis

Government proposals to provide a boost for the UK’s industrial base to counter the disruption likely from Brexit include “sector deals” between companies and government, new funds for innovation, and encouraging later-stage venture capital financing, all of which are likely already on the wish-list of companies in the life sciences sector.

Strategic planning

UK Prime Minister Theresa May’s government consultation on a new industrial strategy for the country as it goes through the throes of Brexit has a familiar ring to it, with investing in science, research and innovation, better education in work skills, and the upgrading of digital and transport infrastructure the top three of a list of 10 industrial strategy “pillars”, with the last of the three echoing proposals being made across the Atlantic by President Trump.

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