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Worsening UK Pharma Sector Close To ‘Tipping Point,’ Warns GSK Chief

UK Falling Behind On Trials, Medicines Uptake And Regulation

 
• By Andrew McConaghie

Dame Emma Walmsley has delivered a broadside to the UK government, urging it to reverse a raised revenues ‘clawback’ for pharma companies and boost new medicines uptake in order to maintain the UK’s competitiveness in life sciences.

Emma Walmsley 1200
Dame Emma Walmsley has spoken out against the steep increase in 'clawback' payments the sector must make to the UK government. • Source: Shutterstock

GSK’s CEO Dame Emma Walmsley has issued a strongly worded warning that the UK has become a far less attractive environment for the pharma industry, and cautioned that it could hit a “tipping point” if a number of factors are not addressed.

The comments from Walmsley, a leading UK business leader, were made during GSK’s full-year results presentation on 1 February and come against a background of growing frustration from the sector, most especially in relation to the UK voluntary drug pricing agreement,

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