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Under pressure to demonstrate economic returns on research spending, the UK’s research councils are going to make academics think commercial and to cosy up to industry.

The Lisbon strategy aim of making Europe the leading knowledge-based economy remains a far-off aspiration. Now the UK wants a fresh approach to the single market to move things forward.

In the lean years since the post-genomics bust, venture funding has been hard to come by for Europe’s biotech start-ups. Now they have polished up their business models, and valuations are low, attracting investors back in.

Nearly half the jobs in Europe now require computer skills – but most employers don’t think the educational system is providing workers with the needed training.

In a rare example of a university tec transfer deal attracting an upfront payment, French pharma company Ipsen paying €1.25 million for a treatment licence.