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UK Spring Budget – Streamlining regulation and plans for growth in life sciences
As part of last week’s Spring Budget, the UK Chancellor, Jeremy Hunt, announced increased funding of £10 million for the Medicines and Healthcare Products Regulatory Agency (the MHRA) over the next two years. This funding seeks to support the MHRA in facilitating faster routes for UK-developed medical products to obtain approval and launch on the market where “trusted regulatory partners” have already granted approval outside the UK. Plans in the Spring Budget also indicate a prioritisation of...
March 20, 2023
4 min read
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