Commenting on the latest Budget announcement, Cari-Anne Quinn, CEO of Life Sciences Hub Wales said;

“The UK Government announced a new dedicated investment programme of up to £200m to unlock the potential of the country’s best health and life science innovations, allowing companies to grow and ensure the UK remains a world-leader in life sciences innovation.

We welcome today’s funding announcement and look forward to understanding the specifics around how this will help accelerate industry in Wales.

We have a strong life sciences industry in Wales and the sector presents a unique opportunity for significant growth across our economy. The number of companies in Wales is already a fifth higher than in the UK average per capita – but there’s much more we can achieve.”