When Britain produced a Covid-19 vaccine that saved millions of lives, it showed the nation was a world leader in life sciences, according to Chancellor of the Exchequer Jeremy Hunt.
Delivering his 2023 budget to Parliament on Wednesday, Hunt boasted that the UK attracted more inward investment into life sciences than anywhere in Europe last year. He also announced plans to speed up access to the newest drugs and revealed tax credits for research and development.
“They can’t sustain the same quality of life in the UK,” Geim said in an interview. “It’s pathetic.” “The UK will find it extremely difficult to be an effective research power if it stands alone and is not part of the European research network,” Nurse said. “There hasn’t been a culture in the UK to build something to last,” said Mark Kotter, founder and chief executive officer of synthetic biology company Bit.bio. This means many early-stage British companies usually end up turning to the US, the global juggernaut of life sciences innovation.
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