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Institute of Bioengineering

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Biotech Fund Proposed by the Mayor of London.

A biotech fund worth $15.7 billion has been proposed by London Mayor Boris Johnson to finance drug development projects and encourage the growth of biotech companies in the city. "London is one of the most powerful scientific discovery engines in the world. We hope to harness our role as a global financial center that will bring more lifesaving drugs to market and deliver a huge boost to the economy".

News date: 21 October 2015

Updated by: David Lockwood

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