Pharmaceutical Innovative medicines and other new therapies have extended life expectancy by some 10 years since the 1950s, and contributed significantly to the UK’s prosperity. But Licensed to Cure?, a new report published this week by the UCL School of Pharmacy, UK, warns that if bodies such as the UK’s National Institute for Health and Care Excellence (NICE) under‐estimate the value of their benefits this will undermine investment in research and treatment development. 14 March 2014