Scottish biotech industry to receive funding:
This article was originally published in Clinica
The Scottish economic development agency, Scottish Enterprise, is to provide £38 million ($61 million) towards a new initiative to encourage rapid growth and increase the competitiveness of Scotland's biotechnology industry. The initiative aims to double employment in the sector to 18,000 people and double the number of biotechnology companies to 100 over the next four years. Other projects and proposals include the development of science park and incubator facilities, the support and creation of local networks and associations and the formation of the Scottish Biotechnology Institute.
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