At Budget this year, my Rt. Hon. Friend Mr Chancellor of the Exchequer announced the Life Sciences Investment Programme (LSIP), a new dedicated investment programme of up to £600 million of joint Government and industry investment. The LSIP aims to unlock the potential of the UK’s best health and life science innovations, allowing companies to grow in the UK.
This reflects the Government’s manifesto commitment to make the UK the leading global hub for life sciences.