26 September 2019 - Labour's promise to “take on pharmaceutical companies” which “deny life-saving and life-changing medicines to ill patients by charging extortionate prices” has not gone down well with industry representatives.

Speaking at the party's annual conference in Brighton this week, Labour leader Jeremy Corbyn unveiled a “radical” programme of reform, ‘Medicines for the Many’, which he said would make life-changing drugs available at affordable prices and “create a health innovation system that will put public health before private profit”.

Under the plans, Labour intends to secure generic versions of patented medicines at a price affordable for the NHS, make public funding for research conditional on the result drugs being priced affordably for all, and create a new, publicly-owned generic drugs manufacturer to supply cheaper medicines to our NHS, it said.

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