Brexit Watch: Drug Shipments Down On Brexit Hangover, Headaches Remain — Panjiva
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Brexit Watch: Drug Shipments Down On Brexit Hangover, Headaches Remain

Brexit 174 European Union 781 Health Care 347 Switzerland 7 U.S. 5242 United Kingdom 339

The healthcare sector is particularly exposed to ongoing legal and political uncertainties regarding Brexit. The senior management of Sanofi and Alliance Pharma have indicated they boosted inventories ahead of the original March deadline as a response. It’s not just about short-term planning though with AstraZeneca’s Chairman, Leif Johansson stating the firm has “been preparing for a no-deal Brexit since the referendum”. British imports of medical products jumped 69.8% year over year in March, including a 99.2% surge from the EU which accounted for 78.5% of British imports. There’s since...

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