Pharma firms to invest over £1bn in Manchester and London
Posted: Mon Nov 27, 2017 5:32 pm
So it isn't all doom and gloom in a post Brexit Britain...
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Two pharmaceutical firms have said they will invest more than £1bn in the UK, creating hundreds of new jobs.
MSD, known as Merck in North America, will support a new research centre in London creating around 950 new posts.
Germany's Qiagen will expand its investment in a genomics and diagnostics campus in Manchester.
The government said these biotech deals illustrated confidence in its industrial strategy, which it published on Monday.
Business Secretary Greg Clark said: "People don't make the investments of this scale that are for the long term if they don't have the confidence that we are building in this country a very attractive base".
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Full story: http://www.bbc.co.uk/news/business-42131742
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Two pharmaceutical firms have said they will invest more than £1bn in the UK, creating hundreds of new jobs.
MSD, known as Merck in North America, will support a new research centre in London creating around 950 new posts.
Germany's Qiagen will expand its investment in a genomics and diagnostics campus in Manchester.
The government said these biotech deals illustrated confidence in its industrial strategy, which it published on Monday.
Business Secretary Greg Clark said: "People don't make the investments of this scale that are for the long term if they don't have the confidence that we are building in this country a very attractive base".
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Full story: http://www.bbc.co.uk/news/business-42131742