Tag: Drug Development
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Merck Cancels £1bn UK Expansion: A Major Loss for the Pharma Sector
Overview of Merck’s Decision In a significant blow to the UK’s pharmaceutical sector, Merck, the American multinational pharmaceutical company, has officially announced the cancellation of its planned £1 billion expansion in the United Kingdom. This decision comes amid rising concerns about the lack of adequate state investment to support the pharmaceutical industry’s growth and innovation.…