Anyone have any recent information on this please?
I also find it very strange that as the NHS is threatening to withdraw Liothyronine other companies (Morningside and Teva) have started to produce it. Does this mean that there is no longer a monopoly issue as far the CMA are concerned?
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This is from the BTA. I was going to copy/paste some but cannot so this is the link and you will read what the BTA states about pricing etc and T3 and T4 and generics.
Thank you Shaws. Pg. 2 mentions a "change in legislation" as a result of the CMA's report on price increases, but I just want to be sure....this report hasn't happened yet has it??
Unfortunately no. Only proposals so far and I expect it is because of the furore over the exhorbitant pricing of T3 over a few years, with every takeover of the Pharma company and after the Authorities withdrew it from patients who were already taking it. I assume they were looking for a way out of prescribing it as more and more were asking for some to be added to T4 and despite Research showing that many benefit with a combination, they appear to not want to know.
I doubt either that they believe that T3 has had a good effect for many patients as they were insisting that levo was 'perfect'. It may be for many but not for the few. I am one of the few
Doctors can prescribe 'other cheaper T3s' but wont take the responsibility as only one had been licenced.
Thanks for replying Shaws, much appreciated. It is going to be interesting to see how the "timing" of the CMA's report/change in legislation/potential withdrawal of T3 all plays out. Do you see what I am getting a?. I wonder, for example, that if the legislation comes in forcing a reduction in costs whether NHS England will no longer feel the need to withdraw T3, or whether, for that matter, NHS England will wait to see what the outcome of the CMA's report is before progressing any further with their proposals to withdraw T3. Does this make sense?
I wrote to the CMA 10 days ago to complain about Concordia (and its predecessors) raising the price of liothyronine. I had a reply from the CMA today:
'We are grateful that you have taken the trouble to get in touch with us. We depend on people contacting us with information about alleged anti-competitive practices or unfair trading practices... We have sent your correspondence to our Intelligence Team which analyses and assesses the information we receive and advises on which cases offer the best prospect to make real differences for consumers, enabling us to decide which cases to take forward.'
Looks as if they haven't decided yet whether to investigate ot not.
Now Morningside T3 is available Concordia is no longer a monopoly supplier. I don't see how that is relevant to whether Concordia were abusing their position when they were a monolpoly supplier.
NHS England are hoping to withdraw Liothyronine due to the cost. Morningside entering the market hasn't brought down the cost of T3 because they've still priced at >£9 per tablet.
Thanks for replying Clutter. I have been fixated on Concordia because I have had such a run around with them, but as you say, "they" (Morningside/Teva) are all charging similar.
Well, obviously they are gong to charge what they can get away with and just undercut the current price by a small amount to get the orders - that's business - think of supermarket prices
Give this chap a ring, he seems to in charge according to their website. Geoff Steadman (020 3738 6311, geoff.Steadman@cma.gsi.gov.uk). Straight from the horses mouth so to speak.
Many thanks for this. Hot off the press! This certainly shows that as of yesterday the CMA are still gathering information then. I am going to drop this Geoff Steadman at the CMA (as a mentioned above) an email as well.
It seems that all three - Concordia, Morningside, Teva - are still charging around £9 per tablet. Not really competition is it?! They will all fail to sell any T3 at that rate. No doubt it doesn't really bother them though. Don't know what can be done to get the price back down to original price
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