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UK biotech attracts record investment despite Covid-19

Image: Mikko Lemola, via Shutterstock

Biotechnology stocks have ‘never been more attractive to investors’, says BioIndustry Association

The UK’s biotech industry is celebrating record levels of investment despite significant disruption to the economy during the coronavirus crisis.

According to figures released by the BioIndustry Association, a trade body representing more than 300 companies, UK biotech companies raised over £1 billion in equity finance between June and August 2020, making it the best quarter for investments on record.

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