NHS: Drugs
Lords · Question HL14196 · Tabled 2 Feb 2026 · Department of Health and Social Care · Official record
Answered 11 Feb 2026
Question
Asked by Baroness Shawcross-Wolfson
To ask His Majesty's Government, in regard to the press release about the UK-US pharmaceuticals deal issued on 1 December 2025, what was the specific basis on which the 25 per cent increase in medicine pricing was calculated; and what proportion of that i
Answer
Answered by Baroness Merron, 11 Feb 2026
The United Kingdom and United States’ pharmaceutical deal included a commitment to raise spending on innovative medicines, as a proportion of gross domestic product, from approximately 0.3% to 0.35% by the end of 2028 and to 0.6% over a 10-year period. Th...