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HOW BREXIT COULD MAKE BRITAIN A MORE COMPETITIVE GLOBAL PLAYER IN THE PHARMACEUTICALS SECTOR

January 28, 2020 / JONATHAN DUFFIELD

For many industries, the thought of a post-Brexit world can be a fearful one; the repercussions are mostly unknown and negative news stories, statistics and economic predictions all contribute towards a nail-biting outlook on a fast-approaching reality. However, there is one sector that may actually benefit from Brexit: pharmaceuticals and life sciences. A post-Brexit Britain could actually boost the competitiveness of pharmaceutical companies who test and release drugs in the UK due to relaxed rules around clinical trials and approval of new medicines.