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Story perspectives

Pharma Giants Withdraw £2bn, Threatening UK Medicine Access

10/2/2025

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Story summary
  • Major pharmaceutical firms have withdrawn £2bn in UK investments, threatening access to new medicines.
  • Merck canceled a £1bn research facility; AstraZeneca scrapped £450m vaccine lab; Bristol Myers Squibb ended 34 National Health Service (NHS) partnerships.
  • NHS England spent £20bn on medicines last year; research indicates branded medicines are overpriced.
  • A senior official described threats as sinister; NGOs seek an investigation.