UK R&D Roundup: Pharma gets in on the biotech boom

A new report found that the number of R&D companies has increased 65% since 2016 amid soaring annual investment of more than £2 billion.

The UK government has selected life sciences as one of its industries to support as part of its industrial strategy, and the latest figures from investment manager Downing LLP suggest it has backed a winner despite the uncertainties caused by Brexit.