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British Business Bank to Enable up to £600m of New Funding For the UK’s World-Leading Health Technologies and Life-Sciences Sector

The Government has announced a new dedicated investment programme of up to £600m to unlock the potential of the UK’s best health and life science innovations, allowing companies to grow and ensure the UK remains a world-leader in life sciences innovation.

While the UK has one of the most successful health and life sciences industries in the world, contributing almost £74bn a year and close to a quarter of a million jobs across the country, companies in the sector have historically struggled to access the right sort of finance to fulfil their growth potential.

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