GNL 35: What the UK-EU Trade and Cooperation Agreement means for pharma and medical device companies

The UK left the EU on 31 January 2020 but has been operating “as if” within the EU under a transition period ending on 31 December 2020. From 1 January 2021 the EU and the UK operate as separate sovereign jurisdictions subject to agreements on individual matters.
Negotiation of the long-awaited and much heralded Trade and Cooperation Agreement (TCA) between the EU and UK ended with agreement being reached on 24 December 2020. This TCA has been ratified by the UK Parliament (on 30 December) and awaits the final agreement of the remaining 27 EU member states through processes in the European Parliament and Council.

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