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Brexit: UK Could Be Asked To Foot EMA Relocation Bill; Bidding Criteria Drafted

Executive Summary

The European Commission has produced draft Brexit negotiating directives in which it suggests that the UK should bear the cost of moving the European Medicines Agency from London to elsewhere in the EU. Meanwhile, the criteria for choosing a new host country for the EMA are expected to be discussed at a meeting of heads of state at the end of April.

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Suspense Continues Over Formal EMA Hosting Criteria, October Decision On New Home Likely

The criteria for cities wanting to host the European Medicines Agency post Brexit should be formally agreed in June and the agency’s new location could be decided in October. There are concerns that, if the decision is left any longer, it will be hard for the EMA to move in the time remaining before the UK leaves the EU.

EMA And Brexit: Rental Liabilities Could Add €350m To Relocation Costs

The EMA could be landed with a hefty rental bill on top of the actual costs of relocating to another European city, raising questions as to who will bear the financial burden. Meanwhile, the EMA has met with EU regulators to discuss future allocation of work, and Barcelona, Spain’s second city, has officially joined the race to host the agency.

Race Hots Up For EMA After Brexit

France has officially named Lille as the city it would like to host the European Medicines Agency once the UK leaves the EU, and Italy has appointed an ambassador to promote Milan’s bid for the agency. Meanwhile, stakeholders in Denmark are joining forces to stress why Copenhagen would be a good choice, and Ireland, the Netherlands and Austria have all confirmed their candidacies.

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