Medicines Manufacturing Industry - Question

Part of the debate – in the House of Lords at 2:59 pm on 27 February 2023.

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Photo of Lord Clement-Jones Lord Clement-Jones Liberal Democrat Lords Spokesperson (Science, Innovation and Technology) 2:59, 27 February 2023

My Lords, is not the situation outlined by the Minister rather belied by a recent article in the Financial Times by Dame Kate Bingham, who did so much to deliver the Covid vaccine? She said:

“Big companies are also retrenching. The pharmaceutical giants AbbVie and Eli Lilly have pulled out of the UK’s pricing agreement with the NHS. Bayer’s pharmaceutical arm is reducing its UK footprint and cutting jobs. Our own domestic titans, GSK and AZ, have chosen to build new factories in countries more friendly to business”,

such as Ireland. Is this not all down to government policy? How are the Government going to get back on the front foot?

Minister

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