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Life Sciences Innovative Manufacturing Fund 2025-10-22

22 October 2025

Lead MP

Kanishka Narayan

Debate Type

General Debate

Tags

TaxationNorthern Ireland
Other Contributors: 14

At a Glance

Kanishka Narayan raised concerns about life sciences innovative manufacturing fund 2025-10-22 in the House of Commons. A government minister responded. Other MPs also contributed.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Opened the debate
The Minister emphasised the importance of the life sciences sector to UK's economy and healthcare system, highlighting its role in driving jobs, investment, and innovation. He presented the Government’s plan to secure £520 million for the Life Sciences Innovative Manufacturing Fund, aiming to attract private investments and create over 7,000 jobs while safeguarding existing ones. The Minister also addressed concerns regarding Northern Ireland's eligibility under EU state aid rules and committed to reviewing R&D tax credits.

Government Response

TaxationNorthern Ireland
Government Response
The Minister detailed the Government's strategy to secure £520 million for the Life Sciences Innovative Manufacturing Fund, intended to attract private investments and create jobs. He addressed concerns raised by MPs about Northern Ireland’s eligibility under EU state aid rules and committed to reviewing R&D tax credits. The Government have secured over £1 billion in investment from Moderna and BioNTech despite challenges inherited from the previous Tory government. VPAG issues are being addressed with a generous offer worth approximately £1 billion over three years. The fund is part of a larger funding package across various agencies, and initial grants went to firms in Birmingham and Keele indicating an intention for regional distribution.

Shadow Response

Julia Lopez
Shadow Response
The shadow Secretary of State criticised the Government for merely uprating an existing fund rather than introducing new initiatives. She highlighted how Labour’s interventions had secured substantial private investments, such as AstraZeneca's £450 million investment in Speke and £200 million in Cambridge, which were paused under the current government due to policy changes.
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