Life sciences is one of the most truly international sectors - so if we are to continue to be a world player and compete in the global race we must do everything we can to support it.
In the past year, our initiatives have attracted more than £1 billion of private sector investment to the UK.
We can see clear evidence the UK is succeeding in creating the right environment to attract global investment to our shores and continue to be world leader in life sciences.
More top news
The Oscar-winning actress has faced a backlash after telling a story about itching her "butt" on sacred Hawaiian rocks.
Samsung will release an update for their Galaxy Note 7 smartphones that will prevent them from charging and functioning as mobile phones.
Colombia's President Juan Manuel Santos has accepted the Nobel Peace Prize at a ceremony in Stockholm.