Key European Agencies Move to Continent, Signs of Brexit’s Toll
- 6 years ago
Key European Agencies Move to Continent, Signs of Brexit’s Toll
Amsterdam will be the new location of the European Medicines AgencyBackground info on the relocation of the UK-based EU agencies: https://t.co/MasW1n0Goh pic.twitter.com/KDbMvmoWRA The departure of the European Medicines Agency, Europe’s equivalent of the Food
and Drug Administration in the United States, is a blow to the prestige of Britain’s pharmaceutical industry, an important pillar of the economy and an example of the country’s bona fides in scientific research and development.
20, 2017
Critical agencies that oversee Europe’s banks and pharmaceutical sector will move from London to cities on the Continent, political leaders in Brussels
decided Monday, potentially ominous harbingers of how Britain’s impending exit from the European Union could diminish the country’s economic clout.
The European Medicines Agency will move to Amsterdam, while the European Banking Authority is set to relocate to Paris.
In the case of the medicines agency, Amsterdam and Milan ended up tied, with the
winner chosen by drawing lots, a spokeswoman for the European Union said.
Charles Tannock, a Conservative Party lawmaker in the European Parliament, described the relocation of the medicines
agency on Twitter as a "huge loss to UK pharma," adding that he was "heart broken" to lose the organization.
Compared with the European Medicines Agency, the banking authority is a minnow in size, with only about 150 employees.
Amsterdam will be the new location of the European Medicines AgencyBackground info on the relocation of the UK-based EU agencies: https://t.co/MasW1n0Goh pic.twitter.com/KDbMvmoWRA The departure of the European Medicines Agency, Europe’s equivalent of the Food
and Drug Administration in the United States, is a blow to the prestige of Britain’s pharmaceutical industry, an important pillar of the economy and an example of the country’s bona fides in scientific research and development.
20, 2017
Critical agencies that oversee Europe’s banks and pharmaceutical sector will move from London to cities on the Continent, political leaders in Brussels
decided Monday, potentially ominous harbingers of how Britain’s impending exit from the European Union could diminish the country’s economic clout.
The European Medicines Agency will move to Amsterdam, while the European Banking Authority is set to relocate to Paris.
In the case of the medicines agency, Amsterdam and Milan ended up tied, with the
winner chosen by drawing lots, a spokeswoman for the European Union said.
Charles Tannock, a Conservative Party lawmaker in the European Parliament, described the relocation of the medicines
agency on Twitter as a "huge loss to UK pharma," adding that he was "heart broken" to lose the organization.
Compared with the European Medicines Agency, the banking authority is a minnow in size, with only about 150 employees.