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UK biotech industry celebrates record investment

Fundraising in 2021 has already surpassed previous record, figures show

The UK’s biotech and life sciences sector is already celebrating a record year after raising £3 billion in the first three quarters of 2021.

Figures published by the BioIndustry Association and Clarivate* on 11 October reveal the sector raised £576m between June and the end of August alone, meaning that total fundraising in 2021 has already surpassed the previous record year of 2020, when £2.8bn was raised.

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