Volume 94 Issue 10 | p. 14 | News of The Week
Issue Date: March 7, 2016

Chemical industry and academia predict heavy impact from Brexit

Biotech investment would falter and academic research budgets would be cut, they say
Department: Business
Keywords: economy, Brexit, funding, poll, collaboration

A growing number of industrial and academic leaders are warning that an exit by Great Britain from the European Union—dubbed the Brexit—could have a disastrous effect on Britain’s chemistry-based industries and scientific research. Britons are set to vote on whether to stay or leave the EU on June 23.

“I can think of many different reasons why it would be bad,” said BASF Chairman Kurt Bock, speaking about a Brexit at the firm’s annual financial . . .

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