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flag The UK lowers drug rebates and boosts NHS spending to boost life sciences under new US trade deal.

flag The UK will cut its drug rebate rate from 22.9% to 14.5% in 2026 under a new trade deal with the US that eliminates tariffs on British pharmaceutical exports. flag In exchange, the NHS will raise its spending threshold for new medicines by 25%, costing an estimated £1 billion annually by 2029. flag The government says lower rebates, combined with falling drug prices, will help offset costs and boost investment in clinical trials and early access to new treatments. flag Industry leaders welcome the move as a step toward improving the UK’s competitiveness in life sciences, though payment rates remain higher than in similar countries.

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