Big pharma's cash pull-out lands blow on UK economy
The Observer
|September 14, 2025
Slowly, then all at once. That's how the government's “vision” for life sciences came to the brink of disaster in the space of a week.
It started with news on Wednesday that US pharma giant Merck would be scrapping a £1bn investment into a King's Cross research hub, along with 125 jobs. Not long after, news emerged that AstraZeneca, Britain's largest company, would be “pausing” a £200m research investment in Cambridge, while Mounjaro
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