Glenn Crocker, chief executive of UK-based incubation centre BioCity, has called for Scotland’s life science startups to have “bigger aspirations”.

According to Mr Crocker, Scottish life science firms currently aim for £500k ($775k) to £1m, which he says means everything has to be done “on a shoestring”.

He said that Scottish firms “have to break the cycle” by looking to attract investment of up to £20m to attract talent and venture funding, such as the recent arrival in Scotland of…

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