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Lord Vallance of Balham (Lab)

Speaking in the House of Lords on 11 September 2025

Debate

Merck Research Site

Contribution

I thank the noble Lord for that question. It is a point I agree with: this is about the overall economic picture as well as the health costs. It is something that we need to look at as we think about the way medicines are used in this country. I think that the macroeconomic picture is different from the simple health economics picture, and it is something that is an active part of discussion. It is something I have discussed with macroeconomists, looking at ways in which we might think about introducing that as part of the system.

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