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The European Medicines Agency has approved more than a thousand medicinal products since it was set up in 1995. (Photo: e-Magine Art)

Crowded race to win EU medicines agency

The London-based European Medicine Agency (EMA) will need a new home after Brexit, and almost a dozen European cities are already vying over the regulatory gem.

Today, almost all new or innovative medicines are submitted to EMA for assessment, which evaluates whether they are safe to put on the EU market. The agency comes with almost 900 expert workers, paid for by the EU; comprehensive research networks; and a €300 million a year budget.

Acting as a host for EMA is a boon for a...

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The European Medicines Agency has approved more than a thousand medicinal products since it was set up in 1995. (Photo: e-Magine Art)

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