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Drug Prices ‘Not On The Table’ In UK-US Trade Deal Talks

But Industry Wants More Detail On Government’s Intentions

 
• By Ian Schofield

As the UK prepares for talks on post-Brexit free trade agreements with the EU and other countries around the world, the life science industry has called for a specific pharmaceutical annex in any FTAs. 

UK - US
The UK is about to begin FTA talks with the US • Source: Shutterstock

The UK government has promised that medicine prices and the National Health Service will not be “on the table” when it negotiates a free trade agreement with the US, and that it intends to secure provisions in the FTA that support innovative companies in the UK.

The pledge on pricing was made by international trade secretary Liz Truss in a speech to the House of Commons on 6 February, where she outlined the government’s proposed approach...

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