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Lord Vallance of Balham (Lab)

Speaking in the House of Lords on 11 September 2025

Debate

Merck Research Site

Contribution

There is no doubt that Brexit had an effect on the entire sector. It also had an effect on academia and led to us ending up with a very much reduced income from the Horizon Europe programme. There was a significant effect there. It is true that NHS uptake of new medicines as a percentage of the total has decreased; that decrease started somewhere around 2014-15 and has been relentless since. That has been part of creating an environment that is not conducive, and part of why, as part of the Life Sciences Sector Plan, we are determined to support R&D, company formation and growth and to make sure that the NHS is an adopter of innovation.

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