BioIndustry Association (BIA)’s Post

📢 145 BioIndustry Association (BIA) CEOs signed a letter to the Chancellor urging support for R&D tax relief ➡ https://lnkd.in/eGDUTGDn With the Chancellor’s Budget on 30 October, there's an opportunity to boost the #UKeconomy 💹 by supporting long-term #Investment in #LifeSciences 🌱 Targeted R&D tax relief is vital for the biotech sector, identified as a priority for economic growth by Rt Hon Rachel Reeves. However, to ensure effectiveness, changes should be carefully considered and backed by solid economic evidence. It’s time to protect this crucial lifeline for genuine R&D, preventing abuse by non-research sectors and ensuring innovation thrives in the UK💡 #RDTaxRelief #Biotech #Innovation #Budget2024 #LifeSciences

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