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BioWorld - Saturday, July 11, 2026
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Home » Cancer Research UK spin-offs bring in record investments in biotech bubble
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Cancer Research UK spin-offs bring in record investments in biotech bubble

July 15, 2021
By Richard Staines
Cancer Research UK took a significant hit when its U.K.-wide charity shop chain had to close last year because of the pandemic. But, according to latest figures, its commercial arm could help it to bounce back after seeing its income more than double in the recent biotech boom. The organization reported record levels of investment in its spinout companies, which more than doubled in 2020-2021 compared with the previous year, jumping from £400 million (US$555 million) to £822 million (US$1.14 billion)
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