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Monday, July 4, 2016

Brexit Leads To Drug Price Surge, Denies Patients NHS Life-Saving Drugs

TECH TIMES | Katherine Derla

Thousands of people in the United Kingdom could be denied several life-saving drugs on the National Health Service (NHS), a new report found.

The price of several medicines surged following the Brexit-related plunge of the pound's value. This has increased the people's concerns that the NHS could no longer afford them.

For instance, Abi Longfellow, a 13-year-old kidney patient, saidL that the price of her medicine saw an increase of £16,000 ($21,258.72) just overnight following the Brexit.

Initially, the NHS agreed to purchase the medicine, which previously costs £136,000 ($180,699.12) from the United States. However, with the recent plunge in the pound's value, the drug now costs £152,000 ($201,957.84). This caused many people to be concerned that the drug purchase might be delayed, or worse, denied outright. 
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