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US drugmaker Merck scraps £1bn London research centre and cuts 125 science jobs

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US drugmaker Merck scraps £1bn London research centre and cuts 125 science jobs

New blow to UK’s key life science sector as industry body says country is losing ground on investment and research

The US drugmaker Merck has scrapped a £1bn London research centre and is laying off 125 scientists in the capital this year, in a big blow to the UK’s important life science sector.

Keir Starmer’s government has described life sciences as “one of the crown jewels of the UK economy” and the previous Conservative government had vowed to turn the country into a “global science and technology superpower” by 2030.

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