UK to Get GBP1 Billion Biotech Funding By 2008

The UK government has revealed that it will increase its funding in UK biotechnology to over GBP1 billion over the next three years, in a move that could make Britain one of the best places in the world for science. The new funding allocations include stem cell research and DNA-based medicines and will provide a huge boost to British science, which is already world class. The allocations come out of the government's GBP10 billion spending on UK science over the next three years, announced in its spending review last year.

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