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government urged to enhance investment in medtech innovation and growth
The Council for Science and Technology has advised the UK Government on boosting finance for innovation in the MedTech sector, recommending reforms to pension funds, improved connections between private and public markets, and the development of specialist skills. These measures aim to enhance funding opportunities, attract talent, and support digital transformation in healthcare, ultimately unlocking access to £4.6 trillion in assets. The Chancellor is expected to adopt these recommendations to foster a more dynamic ecosystem for medical technology innovation.
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