Freedom of Information request (FOI 22/1076)
Published 17 January 2024
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7th November 2022
FOI 22/1076
Dear
Thank you for your email.
The breakdown of our income for the previous two financial years can be found in the annual reports.
MHRA_Annual_Report_and_Accounts_2021-22.pdf (publishing.service.gov.uk)
MHRA_Annual_Report_and_Accounts_2020-21.pdf (publishing.service.gov.uk)
We are an executive agency of the Department of Health and Social Care. Our 21/22 annual report contains information on page 13 and 48 regarding our funding. If you require more details, please refer to the financial statements - page 126 onwards. Notes 3.1 and 3.2 detail the breakdowns of each source.
The below extract is taken from page 145.
Last year our activities were funded as follows:
- Medicines regulation was funded from fees charged to the regulated industry according to the full cost recovery rules set out in Her Majesty’s Treasury’s Managing Public Money
- Devices regulation was primarily funded by DHSC with approximately 10% of its revenue from fees charged for services
- NIBSC derived almost half its revenue from fees charged for services, including the sale of biological standards; NIBSC also received research funding, including DHSC research funding through the Regulatory Science Research Unit (RSRU); and DHSC provided the remaining funding to finance its important public health functions
- CPRD is jointly funded by the Agency and DHSC’s National Institute for Health Research (NIHR) and managed and operated by the Agency with DHSC having equal voting rights in direction setting and decision making
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Yours sincerely
MHRA Customer Experience Centre Communications and engagement team Medicines and Healthcare products Regulatory Agency