Life Sciences: Business

(asked on 14th July 2023) - View Source

Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, what steps she is taking in each region of the UK to implement the Life Sciences' vision to make the UK the most attractive location in Europe to start and grow a life sciences business.


Answered by
George Freeman Portrait
George Freeman
This question was answered on 21st July 2023

The Life Sciences sector plays a key role in levelling up the wealth and health of the UK and is one of the Chancellor’s five key growth sectors to drive the UK economy. The Government is committed to supporting Life Sciences businesses across the country. To date over 80% of the funding allocated and employment created through our two recent sector-wide capital grants schemes – the Medicines and Diagnostics Transformation Fund and the Life Sciences Innovation Manufacturing Fund – is outside London and the South-East, through projects in all four nations of the UK.

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