ABPI Submission The Budget 2024

The pharmaceutical industry has the potential to drive the health and wealth of the UK. It already makes a significant contribution to UK Research and Development (R&D) investment – worth £5 billion in 20201 – and the medicines and vaccines it develops can play a significant role in improving productivity and keeping people fit and health.

Our submission sets out steps for the UK to retain its competitive edge, secure greater investment, deliver jobs in the sector and ensure we continue to be a destination for the launch of innovative medicines.