News

07th October 2019

Medilink UK and Mediwales to give Wales MedTech businesses detailed guidance on how to prepare for Brexit

Medilink UK, a membership organisation representing over 1350 medical technology and life-science companies, and Mediwales, are hosting a free event on 8thOctober in Cardiff at the Village Hotel (29 Pendwyallt Road, Cardiff, CF14 7EF) to help life science businesses prepare for Brexit.

There are over 13,000 life science jobs in Wales and over 1800 in Cardiff itself, making the industry a key driver of the growth in the region. The government maintains that the UK will leave the European Union on 31 October 2019, with or without a deal in place. While it proceeds with planning, many businesses are unprepared for this scenario and lack sufficient information about how it could impact their business across a number of operational areas.

To ensure businesses are prepared for this eventuality, Medilink will provide expert guidance and detailed information on regulatory considerations, trading implications, intellectual property changes, and export opportunities. The event will help businesses understand the risks and opportunities that Brexit presents and aim to minimise the economic impact on the region, which accounts for 5% of total UK employment in life sciences.

Places can be booked onto through the dedicated microsite: https://medilink.co.uk/brexit

Debbie Laubach, Operations Manager at MediWales said: “There are only 30 days before the UK leaves the EU. Conversations I have with businesses in our sector are confirming that many life science and medical technology businesses are not prepared for Brexit and could really benefit from expert guidance and detailed information about both the risks and opportunities. I urge businesses to attend, even if they think they are prepared.”