There is a delicate balance to be struck between private profit and public good on drug research.
The other strand of the Labour policy would ensure taxpayers benefited from new drugs developed by big companies in collaboration with public research bodies.
Labour quotes the example of Humira , which is said to be the best selling prescription drug in the world but which was based on government-funded research in a Cambridge laboratory. The BioIndustry Association said the proposal"risks cutting off investment in the small companies up and down the UK that are working hard to develop new treatments for patients that have few options".
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