China, U.K. in deals worth £500 million

Chinese and U.K. companies sealed a package of life science and healthcare deals valued at £500 million ($707 million) during U.K. Prime Minister Theresa May's visit to China this month.

In one deal, Cambridge Science Park will receive £200 million ($283 million) from Tsinghua Holdings Co. Ltd. (Beijing, China) to build a biohub and provide labs and offices for U.K. and Chinese biotech and med-tech companies...