The response to the covid-19 pandemic has highlighted that research capability—and many believe the world to be on the cusp of a “biological century” driven by biotech innovation. On April 29th Matt Hancock, the secretary of state for health and social care, gave a speech about the government’s desire to turn Britain into a “life-sciences superpower”. By some measures, it already is. Only American scientists are more highly cited.
Firms that turn to public markets tend to cross the Atlantic, lured by the promise of heftier valuations. Recent ones include Immunocore and Vaccitech . “We’re seeingbiotech flourish,” says Alistair Campbell of Liberum, an investment bank. “It’s just not necessarily being listed on theBioIndustry Association finds that in total biotech firms last year raised £2.8bn, up from an average of £1.6bn over the past three years.
Successive governments have tried to make this happen using tax inducements and investment—with only some success before the pandemic. Now investors expect spending in new areas. “You’ve got this...concern about sovereignty of supply,” says Dr Roberts. “You start to think, ‘Hang on, there’s going to be a big manufacturing base we will have to build here.’”
Is this Boris Johnson ?
Israel is killing innocent people. Stop Israeli brutality. Gaza Palestine
Comparing vaccines: country of origin, safety, price, efficacy, and approval Pfizer, Johnson & Johnson, Moderna, AstraZeneca, Sputnik V, Sinopharm, Bharat Biotech (COVAXIN), Medicago (CoVLP)
Tell me that’s not Borris Johnson...
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put the lime in the coconut...
Poorly titled article, how about companies like Avacta? They've just validated their Covid Antigen test (98% sensitivity, 99% specificity). They're also set to start the first human trials on their pro-doxorubicin chemo drug this June, based on hugely successful animal trials.
It’s dire, folks. As this photo shows, Boris Johnson is having to do the science himself.
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Selective reporting again eh? odx ncyt gdr avct to name but a few.....
thanks for this news
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