Drugs: Exports
(asked on 1st July 2015) - View Source
Question to the Department of Health and Social Care:
To ask Her Majesty’s Government whether they are aware of any United Kingdom pharmaceutical companies diverting the supply of drugs from the United Kingdom to overseas markets to take advantage of the strength of sterling.
This question was answered on 14th July 2015
The Government is aware of the parallel trade in medicines within the European Union, which is permitted under European legislation. The strong pound sterling makes it much less attractive for these traders to export from the United Kingdom to other member states and the export of medicines has therefore decreased in recent years.