ABPI Chief urges rapid Brexit agreement and reveals ‘No Deal’ preparations

The chief executive of the Association of the British Pharmaceutical Industry (ABPI) has told the House of Commons DExEU Select Committee how they are preparing for a ‘No Deal’ Brexit, and said it is vital for both sides to rapidly agree the terms of the UK’s withdrawal from the EU, as well as the future relationship.

Mike Thompson explained that pharmaceutical companies are doing everything in their power, including spending hundreds of millions of pounds, increasing stocks of medicine in the UK and duplicating testing in the EU, to avoid disruption to the supply of medicines if the UK were to leave the bloc without an agreement.

Mr. Thompson also said:

The ABPI represents large, medium and small pharmaceutical companies in the UK, and its members supply more than 80% of all branded medicines used by the NHS.

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