3 h. ago Big pharma will stop investing in UK, warns eminent scientist Sir John Bell

Warning follows news of US drugmaker Merck’s decision to scrap planned £1bn London research centreSir John Bell, a prominent scientist who brought business and government together during the Covid-19 vaccine rollout, has warned that other big pharmaceutical companies will stop investing in the UK, after Merck’s decision to scrap its planned £1bn London research centre.Bell, a former regius professor of medicine at the University of Oxford, told the BBC’s Today programme that he had spoken to several chief executives of large companies in the past six months “and they’re all in the same space, and that is, they’re not going to do any more investing in the UK”. Continue reading...

Events

3 h. ago Big pharma will stop investing in UK, top scientist warns after Merck’s £1bn exit

Comments by former professor of medicine at Oxford follow scrapping of planned London research centre Sir John Bell, a prominent scientist who brought business and government together during the Covid-19 vaccine rollout, has warned that other big pharmaceutical companies will stop investing in the UK, after Merck’s decision to scrap its planned £1bn London research centre.Bell, a former regius professor of medicine at the University of Oxford, told Today on BBC Radio 4 that he had spoken to several chief executives of large companies in the past six months “and they’re all in the same space, and that is, they’re not going to do any more investing in the UK”. Continue reading...

Events

6 h. ago Merck scraps £1bn London expansion as report warns UK drugs sector ‘losing out’

UK pharmaceutical sector ‘risks losing investment to other countries’.

Events

19 h. ago Merck scraps £1bn London HQ with attack on government support

Merck scraps £1bn London HQ with attack on government support  The Times

Politics

20 h. ago US drugmaker Merck scraps £1bn London research centre and cuts 125 science jobs

US drugmaker Merck scraps £1bn London research centre and cuts 125 science jobs  The Guardian

Economics

20 h. ago Merck warns UK is ‘not internationally competitive’ as it scraps £1bn London research centre

Merck warns UK is ‘not internationally competitive’ as it scraps £1bn London research centre  City AM

Events

22 h. ago Merck slams UK as it scraps £1bn London drug research centre

US company says country is ‘not internationally competitive’ and lays off 125 staff

Economics