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Reprieve For Life Sciences As Brexit Deal Approved

But Approval By UK Parliament Is Not Assured

 
• By Ian Schofield

The Brexit withdrawal deal agreed by the UK and the EU on 17 October would see the UK leave the EU at the end of the month but would allow time to negotiate the future trading and regulatory relationship between the two parties. However, the deal still faces a rough passage in the UK parliament.

Deal?
A Brexit deal has been agreed but has still to be approved by parliament • Source: Shutterstock

The UK and EU have agreed a Brexit withdrawal deal that would avoid a damaging no-deal exit and implement a transition phase during which new regulatory, trade and other arrangements between the two parties could be agreed.

Describing the 17 October deal as “fair and balanced,” the EU’s chief Brexit negotiator, Michel Barnier, said it would “protect peace and stability on the island of Ireland” and “fully respect the integrity” of the EU single market

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• By Anabel Costa-Ferreira

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