UK Government’s infatuation with Life Sciences
You may not know, but the UK Government has been making up to big pharma for over 20 years now. It began with the formation of the Ministerial Industry Strategy Group. This is an extract from the first meeting:
“The first meeting of the Ministerial Industry Strategy Group (MISG), a high-level group bringing together government and pharmaceutical industry representatives, was held on 21 November 2001, as part of the follow-up to the implementation of the Pharmaceutical Industry Competitiveness Task Force (PICTF) recommendations.”
The summary to the report asserts that: “The UK pharmaceutical industry remains among the most innovative, behind the US.”
What they do not appear to have picked up on was that the global pharmaceutical industry was in deep trouble at the time, evidenced by this US Government Accountability Office (US GAO) Report: