Source · Select Committees · Business and Trade Committee
Recommendation 15
15
The Pharmaceutical Arrangement was a necessary response to an acute tariff threat to £4 billion...
Conclusion
The Pharmaceutical Arrangement was a necessary response to an acute tariff threat to £4 billion of UK exports. However, the cost to the NHS is material, contested, and opaque. Whether increased NHS spending translates into increased UK R&D investment, remains the critical unresolved question. (Conclusion, Paragraph 80) 60