• Pfizer's Costly Divorce: The Pharma Giant Says Brexit Will Cost It $100 Million

    2 monthes ago - By Fortune

    European companies aren't alone in their Brexit pain. Pfizer pfe
    , the U.S.-based drug behemoth , says its costs for dealing with the upcoming split will reach $100 million.
    The U.K.'s looming rupture with the EU threatens to slow goods at borders that are now wide open and force companies to duplicate regulatory efforts. Pfizer said in an email that its costs stem from transferring product testing and licenses to other countries, changing clinical trial management procedures, and other preventive measures.
    The company is working "to meet EU legal requirements after the U.K. is no longer a...
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  • Pfizer's Costly Divorce: The Pharma Giant Says Brexit Will Cost It $100 Million

    2 monthes ago - By Fortune

    European companies aren't alone in their Brexit pain. Pfizer pfe
    , the U.S.-based drug behemoth , says its costs for dealing with the upcoming split will reach $100 million.
    The U.K.'s looming rupture with the EU threatens to slow goods at borders that are now wide open and force companies to duplicate regulatory efforts. Pfizer said in an email that its costs stem from transferring product testing and licenses to other countries, changing clinical trial management procedures, and other preventive measures.
    The company is working "to meet EU legal requirements after the U.K. is no longer a...
    Read more ...

     

  • Reuters poll: No-deal Brexit odds hold at one in four, economists say

    2 monthes ago - By Reuters

    The chances Britain will leave the European Union in March without a deal are one in four, a Reuters poll found, and the Bank of England is likely to wait until after Brexit before raising borrowing costs again.
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