Posted by Michael Wonder on 15 Dec 2018
EU drugs agency says Brexit move to eat into 2019 budget
14 December 2018 - The EMA said on Friday its draft budget for 2019 was slightly lower than last year, blaming the dip on the watchdog's forced relocation from London to Amsterdam because of Brexit.
Europe's equivalent of the U.S. FDA, the EMA its budget for 2019 was roughly 333 million euros, down from 337.8 million euros in 2018.
However, the agency now expects to lose fewer employees than expected due to the relocation, which it said was on track to be completed in March next year. The agency anticipates losing 25% of its workforce, compared with about 30% it expected in August.
