Wales politics

£367,000 to help create the medicines of the future

Work in lab
Image caption Research on new drugs in Wales is expected to double in five years

A new science centre looking to create new medicines and develop healthcare equipment in Cardiff is to get £367,000 help from the Welsh government.

The initial phase of GE Healthcare's plans for an 'Open Innovation Village' includes shared laboratory and office space for eight to 10 businesses at the firm's site near junction 32 of the M4.

Ministers said the life sciences had "great potential" for growth.

About 11,000 people in more than 350 companies work in the sector in Wales.

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