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What exactly is harming pharmaceutical innovation in the UK

Sir, Behind Pfizer’s closure of its laboratories in Sandwich lies a bigger problem: the EU as a whole is not an attractive place to innovate. Increasingly stringent regulation provides a stultifying environment for innovation and entrepreneurship. Unless European policymakers can reverse this trend and not simply make worthless statements about encouraging the knowledge-based economy, we must all look forward to a future as an economic backwater.

Martin Livermore
Scientific Alliance, Cambridge

Letter published in The Times, 7 February 2011
 

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