The future of the UK ’s £ 70bn ( $ 89bn ) health care industry was uncertain amid a record number of mergers and acquisitions and ahead of Brexit uncertainty . Buyouts during the year topped more than £ billion , close to the record . Global health care markets were also heading towards their own $ 100 record . The UK government said health care was at the centre of its industrial strategy . A future outside the European Union is looming for a sector among the most vocal about the perils of a no-deal Brexit, while takeovers of companies and assets are at a record high. The sector has warned about the threat to it of a no - cost economy . The Association of the British Pharmaceutical Industry and Bio Industry has said there was a lack of confidence in the Brexit deal about the future .
The future of the UK ’s £ 70bn ( $ 89bn ) health care industry was uncertain amid a record number of mergers and acquisitions and ahead of Brexit uncertainty . Buyouts during the year topped more than £ billion , close to the record . Global health care markets were also heading towards their own $ 100 record . The UK government said health care was at the centre of its industrial strategy . The sector has warned about the threat to it of a no - cost economy . The Association of the British Pharmaceutical Industry and Bio Industry has said there was a lack of confidence in the Brexit deal about the future .