Not just hormones (hydrocortisone and liothyronine)…
Looks like the CMA have actually been busy. Trouble is, even if every CMA fine is upheld, how come the NHS seemed to just sit back and pay - or switch patients off these medicines?
Pfizer and Flynn accused of overcharging NHS for anti-epilepsy drugs
Competition regulator the CMA alleges drugs firms abused dominant position with unfairly high prices
Very good point about NHS agreeing to pay inflated price. I want to name and shame the actual persons on the purchasing committee
The NHS procurement department and policy are not fit for purpose. Accepting price hikes is not something that any commercially ran organisation would allow yet public health authorities seems to allow taxpayer money leakages in what appears to be a permanent affair. Many of us thought the extraordinary T3 price hikes were an unprecedented scandal but it seems this is a more wider problem, pointing to abysmal lack of governance.
It all stinks.
Name and shame
Am I correct in thinking this case of the Epilepsy drug is way ahead of the hydrocortisone & T3 cases, as they were fined for this in 2016?
"Although the Competition Appeal Tribunal upheld parts of the watchdog’s findings, it referred the matter of whether Pfizer and Flynn abused their market position back to the CMA for further consideration"
My conclusion is that the fine will be substantially reduced, and going forward they will attempt to show that this will not be allowed to continue. Yeah, right.
No wonder all the Sci- Fi films have big pharma as the abusive controlling power. The geeks worked it out a long time ago.
