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One of fallen fund star Neil Woodford’s biggest early-stage technology bets is accused of being based on bogus science which will never make money.

Numerous scientists have poured scorn on a firm known as Industrial Heat, which claims a process known as cold fusion holds the secret of creating energy by making low-level nuclear reactions.

It has emerged the business was founded on the back of much-derided claims by an eccentric Italian inventor.

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Category: Science