|Published : 17 Apr 2017, 13:52:33|
Regulators come to London to approve drugs for EU
Every year 36,000 regulators and scientists come to London to approve drugs for the EU. London’s 890-strong secretariat coordinates that work.
Donald Tusk, European Council president, will soon set out criteria for judging what will be an intense competition over which city will replace London as the agencies’ host. EU leaders are expected to discuss the matter at a summit on April 29, where the 27 remaining member states will hammer out their Brexit strategy. No decision will be made at that point but Mr Tusk wants to set the rules for choosing the city, according to a global media report.
Copenhagen, Amsterdam, Milan, Stockholm, Barcelona and Dublin are bidding to host the agency. Eventually there may be up to 20 applicants. The agency will not only bring skilled jobs to its new home but also act as a hub for the pharmaceutical industry and other research.