NHS was forced to pay an extra £34 million for a common thyroid pill after a pharmaceutical giant abused its position as the drug's only supplier and hiked prices by 6,000%



The NHS has been forced to pay an extra £34 million for a common thyroid pill after a pharmaceutical giant abused its position as the drug's only supplier, it has emerged today.  
Pharma company Concordia, which manufacturers liothyronine tablets and deny any wrongdoing, increased the drug's price per pack by nearly 6,000 per cent from £4.46 last decade to £258.19.
Andrea Coscelli, chief executive of the Competition and Markets Authority (CMA), said: 'Pharmaceutical companies which abuse their position and overcharge for drugs are forcing the NHS - and the UK taxpayer - to pay over the odds... read more

 
21 November 2017 in Health, Views: 45
Source: Daily Mail
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