Jonathan Fryer

Writer, Lecturer, Broadcaster and Liberal Democrat Politician

Posts Tagged ‘European Medicines Agency’

Farewell, European Medicines Agency

Posted by jonathanfryer on Saturday, 26th January, 2019

ema closingYesterday, staff at the European Medicines Agency (EMA) in Canary Wharf, London, lowered the flags of the 28 EU member states in preparation for their move to the Netherlands. Following the vote for Brexit in the 2016 EU Referendum it was no longer tenable for the EMA to stay in Britain; the Dutch stepped in to help with the offer of temporary accommodation in Amsterdam’s Slotterdijk. That should be up and running by March, when the UK is due to leave the EU, unless Brexit is stopped or delayed. The departure of the EMA is a blow to Britain’s important role in the evaluation and supervision of medicines and is mirrored by the departure (actual or planned) of many commercial companies and financial institutions which also want to keep their headquarters in an EU member state. According to reports earlier this week, 250 companies currently in the UK are in talks with the Dutch authorities, while others are looking to other new locations. This Brexodus was inevitable as a consequence of the massive self-harm of Brexit. Brexiteers dubbed warnings about this “Project Fear”, whereas it is just plain fact. The UK has already lost billions of pounds because of Brexit and things will only get worse if Brexit goes ahead. A “No Deal” Brexit, which is the default position if Theresa May fails to get her deal (amended or otherwise) through Parliament, would be especially catastrophic, as supply chains will inevitably be disrupted. That includes supplies of medicines, many of which come from the continent, which is why some companies are busy stockpiling and the British government has bought a whole load of fridges as part of its contingency plans. No wonder diabetics and others who depend on the regular supply of drugs are worried. And the tragedy is that that this was all so unnecessary. As we wave farewell to the EMA we need to ask ourselves if this severance from the EU with the consequent reduction in benefits is really what the country needs.

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Brexodus Has Begun

Posted by jonathanfryer on Tuesday, 21st November, 2017

BrexodusWhen a slim majority of the UK electorate voted in June last year in favour of leaving the European Union it became inevitable that Britain would lose the two European agencies that it has been hosting, the European Medicines Agency (EMA) and the European Banking Agency (EBA). Sure enough, yesterday it was announced that the EMA will move to Amsterdam and the EBA to Paris. The number of staff involved are 900 for the EMA and 150 for the EBA, but the knock-on effect of the departure of well-paid employees on service industries in London will be significant. This is only the start of Brexodus — the departure of institutions and staff who are in Britain (notably London) because it is currently an EU member state, a situation that is scheduled to end in March 2019. Already banks in particular have been making preparations to shift operations to Frankfurt, Paris, Dublin, Luxembourg and so on. That change is likely to accelerate now that Michel Barnier has confirmed that if Britain leaves the single market (as both the Tory and Labour leadership are determined will happen) then banks and financial institutions will lose their passporting rights to operate throughout the EU. This is a catastrophic blow to the City of London; over a comparatively short period London is now likely to lose its status as the unmatched financial capital of Europe. And it is not only the fnancial sector that is going to suffer. Universities currently employ a lot of other EU nationals, but many of them have started to make plans to leave. Similarly, the NHS depends quite heavily on EU migrant labour, but applications from other EU countries to work in the NHS have fallen by 96%. Farmers are sounding alarm bells about rotting food because of the likely shortfall in EU migrant workers to harvest the crops. Theresa May argues that this is what the British public voted for, but as Brexodus speeds up during 2018 and the negative effects of a looming Brexit are exacerbated, surely then the British electorate should be asked “Is this really what you want?” Shamefully, the Prime Minister and her Brexiteer Cabinet Ministers currently will not even countenance the proposition, and equally shamefully the Labour “Opposition” under Jeremy Corbyn is just going along with the madness, which can only lead to a shrinking economy and diminished political importance for Britain. So much for “taking back control”.

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