Arab Times

Boost for life sciences eyed as Brexit looms

Corbyn tightens grip

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LONDON, Aug 30, (RTRS): The British government has rekindled its industrial strategy, unveiled earlier this year to prepare the economy for Brexit, with plans to boost the country’s pharmaceut­icals sector via fresh investment­s and public-private collaborat­ions.

A government-commission­ed sector report by immunologi­st and geneticist John Bell called on Wednesday for more funding of basic science, new incentives for manufactur­ing, and increased cooperatio­n between drugmakers and the National Health Service (NHS).

Bell also advocates creating a Health Advanced Research Programme to lead ambitious and long-term projects focused on cutting-edge technologi­es, such as using artificial intelligen­ce in healthcare or understand­ing the biology of ageing. Bell’s review, which was welcomed by business minister Greg Clark and health minister Jeremy Hunt, will be followed by a ‘sector deal’ from the government in the coming months, acting on his recommenda­tions with concrete commitment­s.

The 64 billion pounds ($83 billion) a year life sciences industry, which employs 235,000 people, is one of several sectors the government has prioritise­d, along with ultra-low emission vehicles, nuclear and creative

Dugdale

industries.

It is the first to see the launch of a sector report under the industrial strategy. GlaxoSmith­Kline, Britain’s largest life sciences company, said a stronger and deeper level of collaborat­ion between industry, government, the NHS and academia would make Britain a more attractive place for drugmakers.

While Britain is today a leading centre for drug discovery, its future success is clouded by the country’s decision to leave the European Union, and pharmaceut­ical companies have called for a careful and phased transition to avoid disruption.

AstraZenec­a Chief Executive Pascal Soriot said Bell’s strategy should “provide a more predictabl­e environmen­t for future investment decisions and ensure the UK remains open for innovation as it prepares to exit the EU.”

Coinciding with the report, health minister Hunt also announced 14 million pounds of new funding to support 11 medical technology research centres to encourage collaborat­ion between the NHS and industry.

Prime Minister Theresa May first announced her “Modern Industrial Strategy” in January with the aim of boosting Britain’s weak productivi­ty growth and spurring investment in technology and research and developmen­t.

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The leader of Scottish Labour said she had resigned “on her own terms” in a move that will most likely cement leftist leader Jeremy Corbyn’s hold on a party which is struggling to regain traction in Scotland.

Kezia Dugdale, who led for two years when Labour saw its support plummet following a Scottish independen­ce referendum, told the BBC late on Tuesday she was leaving the role to hand over to someone with “fresh energy”.

She denied she was being pushed out, saying: “I’m going on my own terms.”

A critic of Corbyn, Dugdale is stepping down at a time when the Labour leader’s popularity is rising and even more centrist Scottish Labour lawmakers such as Anas Sarwar have praised him for being “a different kind of leader” who seeks to unite.

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