Warnings of 'no deal' Brexit disintegration for medicines market

26 June 2019
brexit-star

With the two Conservatives vying to become Britain's Prime Minister dancing around undeliverable promises, brazenly marching towards cul-de-sacs and engaging in rabble rousing when quizzed on Brexit, the UK pharma and life sciences industry could be excused for some weariness and wariness about the coming months.

Companies had already been preparing for March’s supposed deadline for two years and saw their stockpiling, duplication testing and planning for alternative routes rendered unnecessary as the Brexit date was extended to October 31 and parliament voted down the prospect of a ‘no deal’.

"It is extremely challenging for pharmaceutical companies to be continually preparing for a ‘no-deal’"But members of parliament also repeatedly rejected Prime Minister Theresa May’s deal, creating a crisis that led to her stepping down and the new chance of a no-deal outcome from October 31, when Boris Johnson or Jeremy Hunt will be in charge – barring further surprises.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK



Today's issue

Company Spotlight





More Features in Pharmaceutical