Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department attaches conditions to pharmaceutical research grants to ensure any medicines developed are affordable.
The Department for Business, Energy and Industrial Strategy (BEIS) support research grants via the Research councils and Innovate UK. BEIS does not impose conditions neither does the Research Councils or Innovate UK as part of their terms and conditions.
Research Councils invest in basic research into the development of new drugs and treatments to the point where other organisations, often industry, fund further development.
Neither BEIS nor the Research Councils have undertaken an assessment.