Ministers planning drug pricing shake-up to stem pharma exodus pharma Ministers are drawing up a radical overhaul of NHS spending rules in a bid to shore up the UK’s world-leading life sciences industry after a string of pharma giants cancelled major UK investment projects. In what would amount to one of the largest shake-ups of NHS drug purchasing rules in recent history, the Prime Minister [...]
UK drug prices necessary to stop feud with companies, says science minister The price the NHS pays for medicines will need to rise to end the feud with pharmaceutical companies and stop the exodus of investment in the UK, science minister Patrick Vallance has said. Lord Vallance told the Financial Times that “all options” were on the table in terms of UK drug pricing, after several large [...]
UK innovation hinges on talent and clusters, says Lord Vallance Tech The UK’s science and innovation lanscape is on the cusp of a major transformation, according to science minister Lord Patrick Vallance, who argued the UK must now “connect with its brightest clusters” and supercharge international partnerships to stay competitive. Speaking the recent India Global Forum on Thursday, the government’s national tech adviser and Oxford-Cambridge innovation [...]
Timpson boss and Covid adviser Patrick Vallance join Keir Starmer’s government July 6, 2024 Keir Starmer has named Timpson boss James Timpson and former chief scientific adviser to the government Patrick Vallance as junior ministers after Labour's historic election victory.