Covid-19: Response

Baroness Smith of Newnham Excerpts
Monday 27th July 2020

(4 years, 4 months ago)

Lords Chamber
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Baroness Smith of Newnham Portrait Baroness Smith of Newnham (LD) [V]
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My Lords, the noble Baroness, Lady Falkner of Margravine, raised the issue of the procurement of PPE. Can I press the Minister on the procurement of vaccines? According to the Statement, the Government appear to have secured 190 million doses of vaccine—if they succeed. Could he tell us what procedures have been undertaken to procure the vaccines and reassure the House that the country will not lose money if the vaccines do not, in fact, succeed?

Lord Bethell Portrait Lord Bethell [V]
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I am not quite sure of the 190 million number. I think that is possibly an aggregate number of different vaccines. However, the practicalities of vaccine research are extremely expensive, and there are eight, nine or 10 potential runners and riders in the global vaccine market. It is the practice for countries to contribute to those research costs up front in order to have access to the vaccine should it be successful. That is the practice for medical research of many kinds, and these are the practical costs of trying to break the difficult mystery of the disease and providing security for ourselves and for our children.