Pramod Thomas is a senior correspondent with Asian Media Group since 2020, bringing 19 years of journalism experience across business, politics, sports, communities, and international relations. His career spans both traditional and digital media platforms, with eight years specifically focused on digital journalism. This blend of experience positions him well to navigate the evolving media landscape and deliver content across various formats. He has worked with national and international media organisations, giving him a broad perspective on global news trends and reporting standards.
AUSTRALIA would be open to hosting Asian arch-rivals Pakistan and India in a series to revive a contest world cricket wants to see, board chief Nick Hockley said.
Pakistan and India's rivalry has been confined to events sanctioned by the International Cricket Council (ICC) and the Asia Cup for the best part of a decade due to the strained relations between them.
They last played a bilateral series when India hosted Pakistan for white-ball matches at the end of 2012.
Pakistan Cricket Board chairman Ramiz Raja in January proposed an annual four-nation T20 series involving Pakistan, India, Australia and England to be hosted on a rotational basis by the teams.
FILE PHOTO: Nick Hockley, CEO of Cricket Australia poses for a photo at Sydney Cricket Ground on May 31, 2021 in Sydney, Australia. (Photo by Mark Evans/Getty Images)
Cricket Australia chief executive Hockley said his board had not discussed the proposal but would be open to hosting Pakistan and India in a tri-series.
"Personally, I really like the tri-series concept. It's worked well in the past," he told reporters in Rawalpindi, where Australia and Pakistan drew the first test in their three-match series.
"We'd be very open to hosting ... matches,"
"There are really big communities of both India and Pakistan living in Australia.
"It's a contest that everyone wants to see in world cricket and if we can help support further opportunities we would love to do that."
Such a series would be unlikely to happen in the short- to medium-term, with the Future Tour Programme, the ICC's international schedule, mapped out through to 2023.
Pakistan and India are scheduled to play each other at the ICC-sanctioned T20 World Cup in Australia in October.
Hockley said the Oct. 23 match at the Melbourne Cricket Ground was already sold out.
UK life sciences sector contributed £17.6bn GVA in 2021 and supports 126,000 high-skilled jobs.
Inward life sciences FDI fell by 58 per cent from £1,897m in 2021 to £795m in 2023.
Experts warn NHS underinvestment and NICE pricing rules are deterring innovation and patient access.
Investment gap
Britain is seeking to attract new pharmaceutical investment as part of its plan to strengthen the life sciences sector, Chancellor Rachel Reeves said during meetings in Washington this week. “We do need to make sure that we are an attractive place for pharmaceuticals, and that includes on pricing, but in return for that, we want to see more investment flow to Britain,” Reeves told reporters.
Recent ABPI report, ‘Creating the conditions for investment and growth’, The UK’s pharmaceutical industry is integral to both the country’s health and growth missions, contributing £17.6 billion in direct gross value added (GVA) annually and supporting 126,000 high-skilled jobs across the nation. It also invests more in research and development (R&D) than any other sector. Yet inward life sciences foreign direct investment (FDI) fell by 58per cent, from £1,897 million in 2021 to £795 million in 2023, while pharmaceutical R&D investment in the UK lagged behind global growth trends, costing an estimated £1.3 billion in lost investment in 2023 alone.
Richard Torbett, ABPI Chief Executive, noted “The UK can lead globally in medicines and vaccines, unlocking billions in R&D investment and improving patient access but only if barriers are removed and innovation rewarded.”
The UK invests just 9% of healthcare spending in medicines, compared with 17% in Spain, and only 37% of new medicines are made fully available for their licensed indications, compared to 90% in Germany.
Expert reviews
Shailesh Solanki, executive editor of Pharmacy Business, pointed that “The government’s own review shows the sector is underfunded by about £2 billion per year. To make transformation a reality, this gap must be closed with clear plans for investment in people, premises and technology.”
The National Institute for Health and Care Excellence (NICE) cost-effectiveness threshold £20,000 to £30,000 per Quality-Adjusted Life Year (QALY) — has remained unchanged for over two decades, delaying or deterring new medicine launches. Raising it is viewed as vital to attracting foreign investment, expanding patient access, and maintaining the UK’s global standing in life sciences.
Guy Oliver, General Manager for Bristol Myers Squibb UK and Ireland, noted that " the current VPAG rate is leaving UK patients behind other countries, forcing cuts to NHS partnerships, clinical trials, and workforce despite government growth ambitions".
Reeves’ push for reform, supported by the ABPI’s Competitiveness Framework, underlines Britain’s intent to stay a leading hub for pharmaceutical innovation while ensuring NHS patients will gain faster access to new treatments.
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