Association of the British Pharmaceutical Industry
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abpi.bsky.social
Association of the British Pharmaceutical Industry
@abpi.bsky.social
Medicines and vaccines are transforming our lives like never before. We represent the companies that make them possible. 📨 PressOffice@abpi.org.uk
ICYMI: @torbett.bsky.social spoke to BBC Business earlier about investment in medicines.

The UK spends just 9% of the NHS budget on medicines. For most of Europe it's 14% - 20%.

This gap leaves the UK at risk of missing out on investment.

We believe it is possible to find a solution. 👇
September 25, 2025 at 11:59 AM
🧵The UK is fortunate to have an excellent science base which continues to offer world-class scientific expertise and globally respected academic institutions.

It is also one of the world’s most vibrant environments for biotech and spinout companies. (1/2)
September 17, 2025 at 10:39 AM
But while investment in the UK has grown in recent years, we’re lagging behind our global peers. Other countries are making bold moves to attract more life sciences investment – and the UK risks falling behind unless action is taken. (2/3)🧵
September 11, 2025 at 7:40 AM
Our Chief Exec @torbett.bsky.social spoke to Times Radio about medicine rebates.

The government's offer would still mean the industry paying £13 billion back to government over 3 years - 3 times more than any other European country.

We could not accept that, but hope to continue discussions.
August 26, 2025 at 12:39 PM