Life Sciences Private Investment 2023-05-03
2023-05-03
TAGS
Response quality
Questions & Answers
Q1
Partial Answer
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Context
The life sciences sector is crucial for creating jobs and maintaining the UK's status as a science superpower. Recent efforts have focused on attracting private investment.
What steps her Department is taking to help the life sciences industry attract private investment?
The UK's life sciences sector aims to develop a globally competitive investment ecosystem with a £200 million initiative expected to attract at least double that amount in private investment.
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Assessment & feedback
Specific measures and timeline for further support were not detailed
Response accuracy
Q2
Direct Answer
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Context
There has been significant progress in attracting new pharma companies to the United Kingdom, including a partnership with Moderna.
Will the Secretary of State join me in welcoming the hugely significant partnership with Moderna as a sign of confidence in the United Kingdom?
Yes, I do join my hon. Friend in welcoming that investment. Our goal is to ensure the UK is the most attractive environment for life sciences investment.
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Assessment & feedback
Response accuracy
Q3
Partial Answer
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Context
Concerns were raised by Kate Bingham, the chair of the vaccine taskforce, about civil servants not learning lessons and creating a hostile environment for companies.
Does she know something about science given her position? I would like to believe the story that this country is a life sciences superpower, but I am sure she has noted comments from Kate Bingham in January saying that lessons had not been learned.
I pay tribute to Kate Bingham's past work on the vaccine taskforce. We aim to continue ensuring the UK's leadership in science and life sciences.
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Assessment & feedback
Specific lessons learned from the taskforce were not detailed
Response accuracy