Post-Brex­it UK trade re­port shows 'wor­ry­ing' signs for life sci­ences

The UK life sci­ences in­dus­try has al­ways been a bright spot for its Amer­i­can trade part­ners, but a new re­port from the UK gov­ern­ment’s Board of Trade rais­es some fresh con­cerns about the UK life sci­ences in the post-Brex­it en­vi­ron­ment.

The re­port, pub­lished Mon­day, showed that life sci­ence-re­lat­ed trade be­tween the UK and its US and Eu­ro­pean part­ners de­clined, some­times sub­stan­tial­ly, over the last five years. For in­stance, UK life sci­ences ex­ports from 2016-2021 de­clined by 17% to Spain, -14% to Italy, -13% to Poland, and -11% to Ger­many.

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