Friday 1 March 2019

Two pharmaceutical firms face fines for 'illegally inflating drug prices'

Two pharmaceutical firms face fines for 'illegally inflating drug prices' The Government has accused two English pharmaceutical firms of trying to illegally make millions of pounds from the NHS.

Medicine suppliers Auden Mckenzie and Waymade allegedly set up an agreement to inflate the price of a life-saving steroid.

The Competition and Markets Authority today claimed Auden Mckenzie paid Waymade to not sell certain tablets so it could demand a higher price from the NHS.

As a result, the cost to the health service for 20mg hydrocortisone tablets reportedly almost doubled from £46 to £90 for a single pack of 30. The Daily Mail

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