The UK should lead the world in discovering future medicines by launching a research agency that apes an American Cold War tech lab that helped invent the internet, the Government’s first industrial strategy report has said. Oxford University scientist Sir John Bell, who authored the paper on how to boost Britain’s £64bn life sciences sector, has called for public sector investment in “high risk moonshot programmes” to “create two to three entirely new industries over the next 10 years”. He...

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