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Podcast | From Tariffs to Trade Deals: What the UK–US Pharma Agreement Means

· Posted on: December 22nd 2025 · read

The UK and US have signed a landmark agreement that could reshape the pharmaceutical and life sciences landscape for decades to come.

In this episode of our Life Sciences podcast, Yogan Patel, Head of Life Sciences, Pharma & MedTech at MHA, is joined by Brendan Murphy, Partner at Baker Tilly Ireland, and Andrew Thurston, Customs Manager at MHA. Together, they explore the potential impact of this UK–US pharma agreement and President Trump’s recent tariff announcements on the sector.

With rumours that tariffs could reach unprecedented levels, global supply chains and pharmaceutical production face significant disruption.

Our experts break down:

What the agreement means for businesses on both sides of the Atlantic.
How companies are adapting to the changing trade environment.
Whether this marks the start of a new era for pharma or just the calm before the next storm.

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Tariffs, Trump, and the Future of Pharma

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Yogan A. Patel

Head of Life Sciences & MedTech

Yogan qualified as a Chartered Accountant in 1983 and is Head of Life Sciences & MedTech here at MHA. Yogan is very much a key part of his clients' teams. As well as having an advisory role he acts as a facilitator, enabling clients to clearly see through the obstacles that face them and find the solutions, rather than the more traditional provision of straightforward business advice. To give you time to answer the big questions, your business must be running smoothly, but for it to run smoothly time must be given to important issues. Yogan works with clients through the planning process and helps to turn ideas into actions.

Brendan Murphy

Partner

Brendan brings nearly two decades of experience as a tax advisor, adeptly serving both corporate and individual clients with efficient tax planning and comprehensive compliance solutions.

Andrew Thurston

Customs Duty & Indirect Tax Consultant

Andrew is a key member of our National Customs Team and has over 20 years’ experience within HMRC’s Customs and Excise Departments. He assists UK and EU clients to optimise their supply chains from a customs perspective.