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<p>The Government and the life sciences sector have agreed a transformative Sector
Deal. This draws in substantial investment into the sector from across the world,
ensuring that the next wave of breakthrough treatments, innovative medical research
and technologies, and highly skilled jobs are created in Britain. The deal announced
several specific significant investments in the UK, including MSD opening a new discovery
research facility in London, which will support 950 jobs including 150 new high-skilled
and high-value research roles. The Sector Deal is expected to generate significant
ongoing returns, through increasing life sciences investment in the UK in response
to a range of measures to improve the UK environment for the life sciences industry.</p>
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