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The Pharmaceutical Arrangement was a necessary response to an acute tariff threat to £4 billion...

Conclusion
The Pharmaceutical Arrangement was a necessary response to an acute tariff threat to £4 billion of UK exports. However, the cost to the NHS is material, contested, and opaque. Whether increased NHS spending translates into increased UK R&D investment, remains the critical unresolved question. (Conclusion, Paragraph 80) 60
Addressee Bodies
Department for Business and Trade
Timeline
Recommendation age 0.1 yrs
Report published 04 Jul 2026