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Woodford Debacle Is A Test Of UK Biotech’s Resilience

Investor's Downfall Is Unwelcome Distraction

 
• By Andrew McConaghie

As once-star investment funds fail, another major investor argues this is opportunity for UK biotech to demonstrate staying power.  

Woodford_Neil
The demise of Woodford's funds will allow UK life sciences to move on • Source: Woodford Funds

The fall of Neil Woodford, the UK’s most prominent fund manager in life sciences and biotech, is at last reaching its conclusion – ending the career of a former star investor whose endorsement was once highly valued by UK life sciences companies, but which simply became bad news.

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