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UK Economy · United KingdomUS pharmaceutical giant Merck is scrapping a planned £1bn expansion of its UK operations, saying the government is not investing enough in the sector. The multi-national business, known as MSD in Europe, said it would move its life sciences research to the US and cut UK jobs, blaming successive governments for undervaluing innovative medicines.See the Story
Blow for UK drugs sector as Merck scraps £1bn expansion
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