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Life Sciences: Research

Asked by Rachael MaskellLabour (Co-op)Department for Science, Innovation and TechnologyTabled Answered 16 October 2024UIN 900705

The question

To ask the Secretary of State for Science, Innovation and Technology, what steps he is taking to fund the scale up of research in the life sciences sector.

Answered by Feryal Clark

We are actively supporting the life sciences sector to ensure that businesses investing in research can access the capital they need to scale up in the UK.

Through initiatives like the £400 million VPAG investment programme, we will expand the UK's capacity for commercial clinical trials and manufacturing, enabling research to have the impact that it deserves.

In addition, UKRI's £118m fund will create five new research hubs across the country, from Glasgow to Bristol, to develop new health technologies in partnership with the life sciences sector.

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