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Innovation Scholars Scheme will support secondments for academics in the biomedical science sector
The government is investing £10 million in a scheme aimed at improving patient care through new technologies and is also expanding special business zones for life sciences.
The initiatives come as the sector says it will need 130,000 new jobs over the next decade, and as government will need to leverage business investment to reach its ambition of investing 2.4 per cent of GDP into R&D.