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UK Industry Concerned Over 26% Sales Tax Prediction For 2023

Potential Impact Of Unprecedented Rebate Rate On Sustainability A Key Concern

Executive Summary

The UK government says it remains committed to the principle of co-creating a positive environment for the development of commercial medicines but there is concern in the life sciences sector over the revelation that companies could be made to pay as much as 26% of their sales in 2023 in rebates to the government.

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