Failure to stop medicine rip-offs is 'costing the NHS £200 million a year' The NHS is wasting around £200million a year on over-inflated drug prices because officials haven't used their powers to crack down on rip-off merchants.
Prices of some medicines have rocketed by up to 12,500 per cent by manufacturers because of a loophole that means the health service will still buy them.
Some 70 generic medicines were found to have had their prices hiked in 2016, and only 19 of those have had big price reductions since.
This is despite the Department of Health and Social Care having had the power to impose a lower price for 18 months, to avoid wasting taxpayer money. The Daily Mail
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