No-Deal Brexit: UK Can Wave Goodbye To Savings From Parallel Imports

It is being suggested that a no-deal Brexit would put an end to parallel imports to the UK, thereby reducing price competition and pushing up costs of medicines prescribed on the NHS.

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A no-deal Brexit could put a stop to parallel trade between the UK and the EU • Source: Shutterstock

A no-deal Brexit would eliminate parallel trade between the UK and the EU, and the resulting lack of competition from cheaper imported medicines would inevitably lead to higher drug prices for the National Health Service, according to the UK body representing parallel traders.

Richard Freudenberg, head of the British Association of European Pharmaceutical Distributors, told a hearing of the UK House of Lords...

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