For January of this year, the UK pharmaceutical industry reported a massive 66% increase in trade with the rest of the world compared with January 1990, according to the ABPI. The trade surplus rose to L 116.6 million ($202.7 million) from L 70.2 million a year earlier.
"It is the biggest month-on-month increase we have seen in recent times," according to ABPI director John Griffin, who added that "the pharmaceutical ind-ustry continues to give a lead to the rest of the British industry toward the road to ec-onomic recovery and national prosperity."
Exports of medicines to the USA in January were up by 100% at L 34.3 million, while sales to Germany increased by 51%, to Italy by 60% and to Japan by 16%, the ABPI noted.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze