PARLIAMENTARY DEBATE
Life Sciences: Stevenage - 16 October 2024 (Commons/Commons Chamber)

My hon. Friend takes every opportunity to raise this subject. He will be happy to learn that the Government have a clear plan for supporting the life sciences sector, as set out in our life sciences plan. Stevenage has a thriving life sciences community: it is home to GSK, Autolus and a growing number of biotech companies. We are continuing to encourage companies to expand their footprint in the area, supported by the cell and gene therapy catapult, which operates the manufacturing innovation centre, and the skills and training laboratories.

I am proud that my constituency is a top location for life sciences companies to develop cutting-edge technologies. One of them, BioOrbit, which is hosted by Airbus Defence and Space in Stevenage through its small and medium-sized enterprises accelerator programme, is building a pharmaceuticals factory in space to leverage the benefits of microgravity for large-scale administration of cancer treatments. Another UK prime company, GSK, hosts more than 40 SMEs. Does my hon. Friend agree that we need to do all we can to support innovative SMEs in the life sciences and space sectors?

My hon. Friend rightly acknowledges that Stevenage is a leading hub for life sciences companies to develop and commercialise cutting-edge therapeutics. GSK and Airbus are shining examples of UK innovation at work. Earlier this week we published the industrial strategy Green Paper to drive long-term, sustainable, inclusive and secure growth, and to secure investment in crucial sectors of the economy, including life sciences. There is an opportunity to renew the UK’s leadership in life sciences through bold innovation and collective partnerships with the sector, to build an NHS that is fit for the future and to drive economic growth across the regions of the UK.

I am not sure that Rolls-Royce fits into a question on life sciences. Does the Minister have an answer?

I thank the hon. Member for her question. She will have seen from the investment summit earlier this week that there is huge interest from a number of companies in investing in the UK, and there is huge support from this Government for those companies that wish to invest.