Dr Julia Reid MEP welcomes the news that Novo Nordisk, one of the world’s top sellers of Diabetes medicines, will invest £115m over 10 years in a new research centre in Oxford.  The firm will employ 100 scientists to work in the research centre, which will investigate new approaches to treating type-2 diabetes.

The Government have described this move as “a vote of confidence in the UK’s position as a world-leader in science and research”. Mads Krogsgaard Thomsen, chief science officer and executive vice president of Novo Nordisk said this “combines Novo Nordisk’s 90 years’ experience in developing treatments for diabetes with the expertise of world-leading scientists from the University of Oxford.”

Dr Julia Reid MEP, UKIP’s Science and Environment spokesman, thinks this “excellent news”, especially as it vindicates her stance that “UK research would be unaffected by BREXIT”, which she expressed on a number of occasions throughout the EU referendum.

Dr Julia Reid MEP said: “Throughout the entirety the EU referendum, the Remain campaign claimed that Brexit would cripple British Science, well I think today’s news has put yet another nail in the coffin of project fear.”

This is not the first vote of confidence in post-Brexit Science. Just five weeks after the Brexit vote last year, Britain’s two largest drug manufacturers said they were committed to investing in UK science. The Anglo-Swedish pharmaceutical giant AstraZeneca said it was committed to spending £330million on a new research and development centre and global base in the city, and rival pharmaceutical firm GlaxoSmithKline told of their plans to invest £275million in its UK manufacturing plants.

Dr Reid also pointed out that: “during the EU referendum, the Remain campaign claimed that Brexit would have an adverse effect on our university rankings, yet according to the latest Times Higher Education World University Rankings, the University of Oxford, who will host the £115m diabetes research centre, have now over taken the California Institute of Technology as the world’s number 1 ranking university, with the rest of the top 10 university ranking remaining almost unaffected.”