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Speaker’s notes, may differ from delivered version The challenges Our health system is facing enormous challenges: All of this means that the NHS faces complex and difficult decisions in every area of its work. Research and innovation in the NHS are critical for addressing these challenges. We need to harness the best of our clinical, research, academic and industry expertise to meet and address these challenges. The Prime Minister has charged me with accelerating the uptake of transformational technologies in 21st century medicine – principally informatics and genomics.

And, to do that in a way that attracts inward investment to the UK in research and innovation, creates new companies, drives growth and prosperity and raises revenues that pay for the healthcare we are going to need more of as an advanced society.