BIA submission to the 2017 Autumn Budget

The BIA has submitted recommendations to HM Treasury for the 2017 Autumn Budget.

In this submission, the BIA:

  • outlines the strength of the UK life sciences sector and provides data on recent investment
  • raises concerns about the poterntial impact of MiFIDII on the sector 
  • highlights the value of venture capital tax incentives and makes recommendations for improvements
  • highlights the value of R&D Tax Credits and makes recommendations for improvements
  • proposes a range of policies to expand the specialist investors base in the UK
  • welcomes proposals in the Patient Capital Review
  • proposes an Investor Visa Fund
  • proposes policies to support medicines manufacturing 

The Autumn Budget will be published on 22 November 2017.

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