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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.

Pharmaceutical company executives may not be particularly surprised by a core suggestion in the green paper relating to striking deals...

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