§ Mr. Laurance Reedasked the Secretary of State for Trade and Industry what is Great Britain's balance of patent payments for pharmaceutical products.
§ Mr. NobleNo separate figures are maintained for the value of imports and exports of patented Pharmaceuticals or for royalty transactions on drug patents. Taking Pharmaceuticals as a whole, during 1971 exports were valued at £168.4 million and imports at £37.6 million, giving a balance of exports over imports of £130.8 million. Both the export figure and the balance of payments surplus were new records for the pharmaceutical industry.