Ian Murray

Ian Murray

Labour — Edinburgh South

Speaking in the House of Commons on 11 September 2025

Debate

Life Sciences Investment

Contribution

The right hon. Gentleman was a Treasury Minister, so he understands some of the issues involved here. I would merely point him to the report MSD released to its shareholders for the first quarter, in which it said that it had to divest from $3 billion a year in operating costs—that is a huge part of its operating agenda. It is a geopolitical issue as well as a commercial decision.

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