Peter Kyle and Wes Streeting visit Stevenage Bioscience Catalyst

The video discusses SPC's reputation in UK life sciences, plans for clinical trials, and the importance of public policy support. It highlights the company's origins as a University of Manchester spin-out and the significance of R&D tax credits. The video concludes with evidence of drug efficacy through protein breakdown, providing confidence in their research.

What is SPC known for in the UK?

• A leading financial institution

• A core hub for life sciences

• A famous tourist attraction

• A renowned art gallery

What is the origin of the company discussed in the video?

• A private equity firm

• A spin-out from University of Manchester

• A government-funded initiative

• A merger of two pharmaceutical giants

Why are R&D tax credits important to the company?

• They help in marketing the product

• They provide financial support for research

• They ensure compliance with regulations

• They reduce the cost of raw materials

What does breaking down the protein signify in the research process?

• A step towards understanding the drug's mechanism

• A failure in the experiment

• A need for more funding

• An increase in production costs

What gives the company confidence in their drug's effectiveness?

• Theoretical models

• Market research

• Physical evidence

• Customer feedback