UK drugs sector hit by Merck’s scrapped £1bn expansion
A major blow for the uk drugs sector as pharmaceutical giant Merck cancels its planned £1bn research and manufacturing hub expansion in London, citing uncertainty.
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£1b project cancelled: Merck scraps all UK R&D ops
Pharmaceutical giant Merck has cancelled its flagship £1b project and is ceasing all R&D operations in the UK, a major blow to the nation’s science sector.