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Minister of State for Business, and Regulatory Reform

Lord Drayson was appointed Minister of State for Business, Regulatory Reform on 29 June 2007. He is also a Minister with the MOD.
Paul was a Science entrepreneur for 20 years before going into politics in 2004. He trained as an engineer and following a PhD in robotics his career has encompassed the motor, food and biopharmaceutical industries.
He co-founded Powderject Pharmaceuticals plc and built it into one of the world’s leading vaccine companies, floating on the London Stock Exchange in 1997.
He was chairman of the Bio-industry Association (2001-02); Enterpreneur in Residence at the Said Business School, Oxford University (2003-04); and chairman of the Oxford Children’s Hospital Campaign (2002-05).
He is married with five children and his other passions are sword fencing, which he has been doing for over 30 years, and racing a bio-fuelled Aston Martin in the British GT championship.
He has been the Minister responsible for defence procurement since 2005.