{"id":66931,"date":"2016-01-27T16:49:00","date_gmt":"2016-01-27T16:49:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=01853a67829b3c9a84e33e71f03babeb"},"modified":"2016-01-27T16:49:00","modified_gmt":"2016-01-27T16:49:00","slug":"speech-london-must-be-at-the-heart-of-the-life-sciences-innovation-economy","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=66931","title":{"rendered":"Speech: London must be at the heart of the life sciences innovation economy"},"content":{"rendered":"
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You heard it at Davos, and in every boardroom in the City and Whitehall: what does the new model of 21st century innovation look like? <\/p>\n

The breathless pace of biotechnology and bioscience is driving a quiet revolution in the fields of medicine, agriculture and energy. From drought resistance crops to new personalised genomic drugs, the \u2018bio-economy\u2019 is becoming big business. And as the rapidly developing world gets hungry for innovation, it is one the UK is leading.<\/p>\n

Ensuring our life sciences legacy<\/h2>\n

Life sciences is now becoming one of the UK\u2019s biggest growth sectors. Government is ensuring its legacy \u2013 we protected the ring-fenced science budget in real terms to the end of this Parliament and committed \u00a36.9 billion investment in science infrastructure up to 2021.<\/p>\n

Our latest estimates show that, since I launched the Strategy for UK Life Sciences<\/a> with the Prime Minister \u2013 to build a long-term partnership between industry and government \u2013 we have attracted more than \u00a36 billion in new investment in the life sciences industry and created more than 17,000 new jobs.<\/p>\n

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\"Infographic:<\/div>\n<\/figure>\n

London at the forefront of 21st century innovation<\/h2>\n

But where do we go from here? And how can we make sure the City of London is at the forefront of the next stage of 21st century innovation?<\/p>\n

I believe it means 3 things:<\/p>\n