Copenhagen joins crowded Brexit fight for medicines agency

Financial Times

8 February 2017 - Up to 20 capitals may compete for EU regulator and pharmaceuticals industry hub.

Denmark has joined the crowded field vying to give a post-Brexit home to the European Medicines Agency, a London-based authority that is one of the regulatory jewels of the EU.

Copenhagen’s candidacy launch on Wednesday comes in the wake of Amsterdam, Milan, Stockholm, Barcelona and Dublin. The pan-European contest for the regulator may eventually involve up to 20 applicants in total.

The process to find a new host for London’s two big EU agencies — the EMA and the European Banking Authority — is expected to bring out primal competitive spirits among the EU-27, in a tussle that Brexit negotiators fear will be hard to contain.

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Michael Wonder

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Michael Wonder

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Medicine , Europe , Regulation