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GlobalData

BIA report: UK biotech investment surged to £3.5bn in 2024

GlobalData
Summary
Nutrition label

89% Informative

UK biotech sector raised 3.5bn in 2024 , marking a 94% increase from the previous year .

Venture capital ( VC ) funding accounted for 2.06bn of the total, a 64.8% increase year-on-year .

North American investors contributed 26% of VC funding, the largest share in three years , while European investors made up 15% .

VR Score

95

Informative language

97

Neutral language

65

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links