DHSC highlights investment opportunities from UK–US pharmaceuticals deal
The Department of Health and Social Care (DHSC) has commented on the UK–US pharmaceuticals deal, highlighting its role in securing access to medicines for NHS patients and accelerating the arrival of innovative treatments. According to DHSC, the deal will help ensure that patients benefit from earlier access to groundbreaking therapies reaching the NHS frontline more quickly. DHSC notes that the agreement safeguards the UK’s medicines supply chain while supporting major investment in the UK life sciences sector. The deal makes the UK the only country to secure a 0% tariff on pharmaceutical exports to the US. Under the terms confirmed by the US, the UK will receive a preferential 0% tariff rate for at least three years—the lowest rate offered to any country. It has also helped attract investments from global firms such as Moderna, Bristol Myers Squibb and BioNTech, and includes preferential terms for medtech exports. The government also intends to raise investment in innovative treatments by around 25%, which aligns with NICE increasing its cost-effectiveness thresholds (from £20,000–£30,000 to £25,000–£35,000 per QALY).