Concordia overcharged NHS for thyroid drug, says watchdog
Drug company Concordia overcharged the NHS by millions for a key thyroid treatment, the Competition and Markets Authority has provisionally found.
The CMA said that last year the NHS spent £34m on its drug, liothyronine, up from about £600,000 in 2006.
The amount the NHS paid per pack rose from around £4.46 before it was de-branded in 2007 to £258.19 by July 2017, an increase of almost 6,000%.
Concordia said it did "not believe that competition law has been infringed".
The CMA said the price rise took place despite "broadly stable" production costs.
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