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UK Biotech Booms But Will It Ever Produce A Big Player?

Investment From US On The Rise

 
• By Kevin Grogan

Any chance that Kymab would advance to become a fully integrated biopharma has gone with Sanofi's deep pockets turning the heads of investors. Is the UK ever likely to develop its own Amgen or Moderna?

piggby bank
Temptation to cash in early proves too much for UK biotechs • Source: Shutterstock

News that Kymab Ltd is to be acquired by Sanofi has led some to lament the sale of yet another UK firm, once again raising concerns about the country's ability to build sustainable biotech businesses.

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