UK government, private investors dole out $340M+ to drug, diagnostic manufacturers
The government of the United Kingdom is giving out grants to several manufacturers that have a presence in England, Wales and Northern Ireland.
The government announced that four companies, including Ipsen, contract manufacturer Pharmaron, DNA manufacturer Touchlight and diagnostic test producer Randox, will receive a total of £277 million ($341.1 million). According to a release from the UK government, this represents the first portion of grants from the Life Sciences Innovative Manufacturing Fund.
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