London mayor suggests $15 billion 'megafund' to boost biotech

Thursday, June 25, 2015 - 06:10 in Mathematics & Economics

LONDON (Reuters) - Banks, investors and big drug companies should consider creating a 10-billion-pound ($15.7 billion) "megafund" to help biotech firms in London and across Britain compete with U.S. rivals, London mayor Boris Johnson said on Thursday.

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