UK Biotechs Get Share Of £1bn Coronavirus Support Fund
Payments Must Not Be Delayed, Says BIA
Small-to-medium non-profit making UK biotechs will be supported via loans and grants, but government unmoved by Tax Credits suggestion for whole sector.
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Huge economic shock to sector could be quickly alleviated by early payment of R&D Tax Credits, says BIA.
Early results from its novel antiviral are encouraging, but demonstrating life-saving qualities in a short window of time will be tricky.
The Belgium-Netherlands based company looks on course to gain US approval by the end of 2021.