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Home Industry News EU warns of potential impact of Brexit on current drug approvals

EU warns of potential impact of Brexit on current drug approvals

5th May 2017

Pharmaceutical and medical companies have been advised to make themselves aware of the potential impact Brexit could have on the approval status of their products.

The European Commission and the European Medicines Agency have called upon marketing authorisation holders of centrally approved medicinal products for human and veterinary use to make sure they are up to date on all the possible legal repercussions of the UK's expected departure from the EU bloc in March 2019.

Current EU law requires that marketing authorisation holders are established in the EU or the European Economic Area, while it is also mandated that certain activities – related for example to pharmacovigilance and batch release – also take place in Europe.

As such, companies may be required to adapt processes and to consider changes to the terms of the marketing authorisation in order to ensure continued validity post-Brexit, and to ensure that any necessary action is taken in a timely manner.

The regulators said: "Marketing authorisation holders will need to act sufficiently in advance to avoid any impact on the continuous supply of medicines for human and veterinary use within the European Union."

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