The UK is poised to agree on a major pharmaceuticals deal with the US, which will mean zero import tariffs on pharmaceutical products into the US and lead to an increase in NHS spending on medicines, The Times reported on Monday, reports Reuters.
The UK government is understood to have agreed to lower an industry sales rebate rate on NHS drug prices and to
also improve the NHS's cost-effectiveness measure for drugs, the report said, citing industry sources.
The British government will commit to increasing the percentage of the NHS budget that it spends on medicines, it said.
Reuters couldn't immediately verify the report.
UK, US poised to agree zero-tariffs deal on pharma: The Times
FE Team | Published: December 01, 2025 23:07:40
UK, US poised to agree zero-tariffs deal on pharma: The Times
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