Life sciences

2 years ago

Matching capital with innovation – Funding R&D in life sciences

By Chris Wongsosaputro Life sciences is a key industry for the UK generating £20.7bn revenue and 90,000 roles in 2015/6. The UK is a leader in this field, as shown by the Foreign Direct Investment rising from £566m in 2019 to £1.9bn in 2021 (second only behind the US). IPOs have increased from £36m to £751m over the same period (fifth in the world) and equity financing risen 12-fold from…