The Pharmaceutical Industry

1. Questions to the First Minister – in the Senedd on 6 February 2018.

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Photo of Hefin David Hefin David Labour

(Translated)

11. Will the First Minister make a statement on the impact that exiting the European Union will have on the pharmaceutical industry in Wales? OAQ51716

Photo of Carwyn Jones Carwyn Jones Labour 2:17, 6 February 2018

The pharmaceutical industry depends on integrated international supply chains and pan-European regulation through the European Medicines Agency. There is a risk of serious damage to the UK industry if the UK Government maintains its red lines in terms of leaving the single market, the customs union and the EU regulatory systems.

Photo of Hefin David Hefin David Labour 2:18, 6 February 2018

Would he therefore agree that the pharmaceutical industry in particular needs a special trade deal, as it's an industry with fast-decaying supply chains and short product-to-market turnaround times, and that the consequences of not recognising that will be dire for skills, jobs and pharmaceutical research in Wales?

Photo of Carwyn Jones Carwyn Jones Labour

Yes it would; in common with many other sectors, that would be true. Rather than have a trade deal for one sector, I'd like to see a comprehensive arrangement whereby we remain within the single market, negating the need for a trade deal with our European partners, and also of course within the customs union. All the evidence that has been published so far, even by the UK Government, suggests that that is actually the most sensible outcome. Those who do not agree with empirical research are trying to suggest that that research is wrong.

Photo of Elin Jones Elin Jones Plaid Cymru

(Translated)

Thank you, First Minister.