Vaccine Patents Waiver Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Lord Jones of Cheltenham
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Vaccine Patents Waiver
Lord Jones of Cheltenham Excerpts(2 years, 3 months ago)
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The Lord Privy Seal (Baroness Evans of Bowes Park) (Con)
My Lords, it is the turn of the Liberal Democrats. The noble Lord, Lord Jones of Cheltenham, wishes to speak virtually, and I think this is a convenient point to call him.
Lord Jones of Cheltenham (LD) [V]
My Lords, now that the UK is outside the European Union, do the Government understand that being the champion of a vaccine patents waiver may be the perfect way to win friends and influence people in other countries, but may also, according to the British pharmaceutical industry, have the unintended consequence of reducing vaccine production and research?
Lord Grimstone of Boscobel (Con)
My Lords, intellectual property rights and their continued protection are the way to keep innovators innovating, creators creating and investors investing. That is what will lead to more research.