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Chancellor reveals exciting new ‘Life Sci for Growth’ package

The new ‘Life Sci for Growth’ package brings together 10 different policies up to £48 million of new money for scientific innovation to prepare for any future health emergencies, £154 million to increase the capacity of the UK’s biological data bank further aiding scientific discoveries that help human health, and up to £250 million to incentivise pension schemes to invest…
Ben Kemp
May 26, 2023
Membership NewsMembership News Archive

The Budget: BIVDA Briefing and Reaction

The Chancellor, Jeremy Hunt, set out his inaugural Budget on Wednesday with three key aims in mind: improving growth, getting people back to work and controlling the UK’s debt. While it remains to be seen whether these grand goals will be achieved, there was plenty else of interest for IVD companies wondering what the Government will do to help them…
Natalie Creaney
March 17, 2023
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Industry experts appointed by Government to grow key sectors, including life sciences

Leading industry experts have been appointed by the Government to accelerate development and deployment of emerging tech in the UK, as Chancellor sets out vision to create the Silicon Valleys of the 21st century. The experts will work hand-in-hand with industry and Sir Patrick Vallance, the Government’s Chief Scientific Adviser and National Technology Adviser, to advise on new rules that…
Natalie Creaney
January 13, 2023
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Trade Secretary hails Welsh Life Sciences Sector at Life Science report launch

Trade Secretary, Kemi Badenoch, visited Wales on Monday and heralded Welsh companies as ‘critical’ to the UK’s life sciences sector. She backed them to play a pivotal role in the UK Government’s growth plans. Badenoch hosted the Board of Trade in Cardiff where she launched the Board’s report on Life Sciences, which sets out the opportunities the sector offers for…
Natalie Creaney
December 2, 2022
Membership NewsMembership News Archive

New Life Sciences Competitiveness Indicators published by BEIS and DHSC

The Department for Business, Energy and Industrial Strategy (BEIS) and Department of Health and Social Care have released the 2022 Life Science Competitiveness Indicators report. The LSCI report monitors performance indicators against peer countries, and covers diagnostic technology utilisation & availability among other metrics. The ministerial forward from Lord Syed Kamall and Lord Callanan (Parliamentary Under Secretary of State (Minister…
Natalie Creaney
July 29, 2022
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UK-Sweden Life Sciences partnership established

Lord Kamall signed a memorandum of understanding (MoU) with his Swedish counterpart last week, cementing a cooperative relationship on life sciences between the two nations. The MoU acknowledges an existing bilateral cooperative relationship between the UK and Sweden and pledges to deepen this relationship long-term, with the goal of fulfilling the countries’ respective life sciences strategies. It also recognises the…
Ben Kemp
June 1, 2022
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