Pharma firms slapped with £35m fine over supply collusion on NHS drug

Pharma firms and private equity group slapped with £35m fine over ‘illegal’ supply collusion which led to price of NHS drug surging 700%
– Firms broke the law by colluding over the supply of Prochlorperazine
– The drug is an important treatment for nausea, dizziness and migraines
– NHS costs soared as the price of drug jumped from £6.49 to £51.68
Several pharmaceutical firms have been handed fines totalling more than £35million after Britain’s competition watchdog found they had come to an ‘illegal arrangement’ in the supply of NHS prescription drugs.
Drugs firms Alliance Pharmaceuticals, Lexon, Medreich and the former …

Read the source article at Express Digest
2022-02-03 10:30:43