I am very pleased to be invited to speak again at the Global
Biotechnology Forum. In my opinion, last year’s event was one of the
highlights of BIO, providing an opportunity for productive discussion
about substantial policy issues. This event also promises to be of the
highest quality. I am looking forward to hearing the other speakers and
taking part in the discussions.
I would like to start by giving a brief update on the UK
biotechnology sector. The sector has continued to grow in the UK, and a
recent survey we commissioned shows that we now have around 480
companies, whose primary activities is biotechnology. This represents an
increase of 85 companies since the equivalent survey a year ago. Like
many other countries, the UK sector has suffered from the slowdown in
the availability of funding. However I was pleased that the UK accounted
for 41% of all European capital raised in 2002. UK companies also
account for 42% of European market capitalisation.
I believe that the development of a thriving global biotechnology
sector is a pre-requisite if biotechnology is going to be used
successfully in the developing world. I would like to mention briefly a
few specific technologies, which should benefit many countries. Of
course, co-operation with other international groups will be needed to
implement the benefits of these technologies.
New vaccines need to be developed to meet the requirements of the
developing world. Many biotech firms are working on new vaccines for
diseases such as yellow fever, dengue fever, typhoid and West Nile
virus. Most significantly, extensive work is taking place into
developing an effective malaria vaccine, a particularly difficult task
because of the size and complexity of the parasite. An AIDS vaccine is
equally important but also presents challenging technical problems.
Oxxon Pharmaccines is one UK Company that is working on both HIV and
malaria vaccines, and is carrying out research and clinical trials in
Africa.
Research is also needed to develop new TB vaccines. AstraZeneca has
recently showed its commitment to fighting TB in developing countries.
Earlier this month, it opened a TB research centre in Bangalore, India,
in which the company will be investing $40m over 5 years.
The use of vaccines in developing countries also poses particular
challenges in terms of transport, storage and delivery. These challenges
will require a commitment from national government and international
agencies beyond what the biotech sector can alone provide.
Genomic sequencing can help us identify the precise structure of
disease-causing microorganisms, and thus start us on the road to
prevention and treatment. The recent success in sequencing the genome of
the corona virus shows how effective global scientific collaboration can
be, if the will is there.
Bioinformatics is becoming increasingly important as a tool to
analyse the mass of data about disease causing organisms. Information
about preventing and treating diseases can be widely distributed to
developing countries, without the need to build expensive new
laboratories.
I would now like to mention a few examples of how the developed world
can use biomedical technology to help developing countries. At the
BioVision event in Lyon this year, I was honoured, to be invited to
attend a dinner held in honour of the Vaccine Fund. This fund was
created in 1999 with a grant of $750m from the Bill and Melinda Gates
Foundation and forms the financial arm of the Global Alliance for
Vaccines and Immunization. Its aim is to ensure that all the world’s
children have equal access to lifesaving vaccines. According to the
Fund, a child in a developing country is 10 times more likely to die of
a vaccine-preventable disease than a child in the industrialized world.
Numerous national governments, including the UK, have contributed to the
Fund, along with the private sector. So far the Vaccine Fund has
committed more than $900 million to immunisation programs in 64 of the
poorest countries.
The UK is committed to tackling all diseases of poverty, including
HIV/AIDS, TB and Malaria. Our contribution to HIV/AIDS reduction has
risen from about £60m in 1998 to over £250m this year. We have also
committed over £1.5billion since 1997 towards the development of health
systems in poorer countries. We therefore welcomed the creation of the
Global Fund to fight AIDS, TB and Malaria in 2002. The UK believes that
the Fund adds value to existing interventions through its ability to
improve donor coherence, to fill funding gaps and to establish more
reliable access to medicines and commodities. However, we also attach
great significance to the improvement of health systems and, wherever
possible, to channelling resources from the Fund through national
budgets to ensure consistency with national planning
The Fund is only one of a number of ways in which we are tackling
these diseases. We have also contributed to other health initiatives
such as “Roll Back Malaria”, the International AIDS Vaccine
Initiative and the Medical Research Council’s Microbicides Development
Programme. The MRC also represents the UK in the European and Developing
Countries Clinical Trials partnership. This initiative brings together
European research activities, industry and the developing countries in a
long-term partnership to fight poverty-related diseases such as
HIV/AIDS, TB and malaria. The programme will support accelerated testing
and development of new interventions against poverty-related diseases.
These therefore are some of the initiatives that are being taken to
assist the developing world. There are, of course, commercial and
political imperatives that need to be addressed if biotechnology is to
achieve its full potential. No doubt, some of these will be discussed
before the end of this event. This is an extremely important subject and
I look forward to participating in the discussions.
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