Although glitzy gadgets such as internet-enabled mobile phones tend to be the technology market’s attention grabbers, it is biotechnology that remains one of the UK’s largest and most important industries.
The sector has grown rapidly in Britain in recent years and is now one of the largest in Europe for research and development. The government has projected that funding for health research in the UK will rise £1.7bn ($3.4bn) per year to 2010-2011.
