Life Sciences Sector

Part of Oral Answers to Questions — Business, Innovation and Skills – in the House of Commons at 9:30 am on 7th February 2013.

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Photo of Barry Sheerman Barry Sheerman Labour, Huddersfield 9:30 am, 7th February 2013

I hope the Minister will forgive me for describing that answer of his as a tad complacent. The fact of the matter is that when we talk to leading academics and leading investors in business we find that they think that in life sciences we are lagging behind the other countries we are competing with—particularly China, but also many other places. They are worried that what will happen in life sciences is what is steadily happening in pharmaceuticals, whereby we are losing our pharmaceutical industry and it is switching overseas.