UK Drops $8M into Synthetic Bio Business Projects | GenomeWeb

NEW YORK (GenomeWeb News) – As part of a new push to become a leading player in synthetic biology, the UK has provided £5.3 million ($8 million) to fund 15 new synthetic biology technology development projects at a number of companies.

The funding will fuel an array of tech development efforts at about a dozen companies. The grant winners were chosen through a competition for projects that will be led by businesses seeking to demonstrate the feasibility of using synthetic biology to create new products and processes or improve older ones.

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