Dorrell, who also chairs the NHS Confederation, warned that a hard Brexit would “take ourselves out of the scientific mainstream and thereby undermine the vitality of the British life sciences”. If a hard Brexit route is taken , there would be a significant loss of scientific funding for the UK drug industry , said think tank Public Policy Projects . At least , scientists , drug manufacturers and taxpayers benefits from the results of shared clinical trials and drug approvals processes between the EU and the UK . A hard Brexit would lead to the loss of this benefit , potentially leading to years of delays before new drugs reach the UK market , a loss of $ 1 for the UK life sciences industry by 2020 . Life sciences currently contribute £ billion per year to the UK economy , employing around 220,000 people .
If a hard Brexit route is taken , there would be a significant loss of scientific funding for the UK drug industry , said think tank Public Policy Projects . At least , scientists , drug manufacturers and taxpayers benefits from the results of shared clinical trials and drug approvals processes between the EU and the UK . A hard Brexit would lead to the loss of this benefit , potentially leading to years of delays before new drugs reach the UK market , a loss of $ 1 for the UK life sciences industry by 2020 . Life sciences currently contribute £ billion per year to the UK economy , employing around 220,000 people .