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Steve Bates, chief executive of the BioIndustry Association trade body, told the BBC: "Half of the world's market in pharmaceuticals is in the US and for the UK, exports of pharmaceuticals are about the same size of the car industry, give-or-take."

“Of course, it adds complexity to the process,” Steve Bates, chief executive of the BioIndustry Association, told reporters of the possible impact of Brexit.

Steve Bates, CEO of U.K.’ s Bioindustry Association, said that unlike the last Brexit deadline - March 31 - the government has given companies much less information about alternative routes in case a no-deal Brexit results in jammed ports.

Steve Bates, CEO of U.K.’ s Bioindustry Association, said that unlike the last Brexit deadline — March 31 — the government has given companies much less information about alternative routes in case a no-deal Brexit results in jammed ports.

More than half of the biotechnology start-ups are in the medical arena — diagnostics, drugs and medical devices — but 14% are in agricultural biotechnology, 3% in bioindustry, 1% in bioinformatics and 18% in biotechnology services.