‘Brexit’ could relocate EU drug and banking agencies

Wall Street Journal

20 June 2016 - The European Medicines Agency and European Banking Authority are both in London.

If U.K. voters decide in this week’s referendum to leave the European Union, other nations will begin jostling for a couple of top prizes: playing host to the European pharmaceutical regulator and the bloc’s banking watchdog.

Though they don’t wish for the European Medicines Agency to be forced to leave its London headquarters, drug-industry figures in Sweden, Denmark and Italy have made the case for their respective nations to host the EMA should the U.K. vote to leave the bloc.

And it isn’t just the EMA’s address that could be in play. The European Banking Authority, also domiciled in London, would have to move in case of a so-called Brexit, its chief said Sunday.

For more details, go to: http://www.wsj.com/articles/brexit-would-put-eu-drug-regulators-headquarters-in-play-1466139602

Michael Wonder

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Michael Wonder

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Medicine , Europe , Regulation