Severe Turbulence Ahead For Pharma And For Europe

A violent thunderstorm rolled across the skies of Brussels throughout the night of June 23, as the prospect of a British exit from the EU became a reality. But it was nothing compared to the turbulence that the outcome of the referendum is already unleashing on the UK, on the EU, and way beyond – including on the pharmaceutical sector.

European drug industry leaders had spoken before the vote of their fears that Brexit would create confusion, particularly over drug regulation and market access. Now those fears have been realised. The UK's main industry association said this "creates immediate challenges for future investment, research and jobs in our industry."

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