Question to the Department of Health and Social Care:
To ask the Secretary of State for Health, if he will place in the Library a copy of the study jointly commissioned by his Department and the Department for Business, Energy and Industrial Strategy from London Economics and Global Delta Collection Company on the factors which influence research and development and manufacturing investment by the pharmaceutical sector; what the cost was to the public purse of that study; and if he will make a statement.
The Office for Life Sciences, a joint unit of the Department of Health and the Department for Business, Energy and Industrial Strategy, commissioned a report through UK Shared Business Service with tender number FWRECR16103 with a contract opportunity of £100,000. London Economics were the successful bidder. The report is not complete but we expect it to be published later this year.
Life Sciences is an important sector of the United Kingdom economy, with over 5,000 companies employing 233,000 people. That is why we welcome the Life Science Industrial Strategy published on 30 August and look forward to working with those in the life sciences sector to consider the strategy in more detail and specifically what action can be taken forward, in partnership between Government and industry, through an ambitious Sector Deal.