The boss of Britain’s biggest pharmaceutical company has said the government’s recent drug pricing deal is a β€œvery positive step” but is unlikely to unfreeze a paused Β£200m investment in Cambridge.

AstraZeneca’s chief executive, Pascal Soriot, suggested that a UK-US deal on NHS pricing agreed in December would not be β€œsufficient” to restart the project to build a research site in the east of England, which was paused in September.

Soriot, who has rebuilt the company’s drugs pipeline since 2012 and turned it into the UK’s most valuable listed busines

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