Over £70m in fines for pharma giants in price s... - Thyroid UK

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Over £70m in fines for pharma giants in price surge probe

helvella profile image
helvellaAdministrator
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Although the CMA decision regarding liothyronine still appears to be under appeal, the CMA has now fined two more companies - for the same practice but for phenytoin.

Over £70m in fines for pharma giants in price surge probe

• 22 Jul 2022

• News

The Competition and Markets Authority (CMA) has fined pharmaceutical companies Pfizer and Flynn £63 million and £6.7m respectively after it decided they unfairly hiked the price of phenytoin sodium capsules.

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Hypopotamus profile image
Hypopotamus

It makes no difference fining them. They will simply recuperate the money with the next round of jabs.

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