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NHS gets £8m payout from Aspen Pharma over anti-competitive practices

NHS gets £8m payout from Aspen Pharma over anti-competitive practices

The NHS has been given an £8m payout from a pharmaceutical firm after an investigation found that it engaged in anti-competitive practices that pushed up the cost of a life-saving drug for the health service. It is the first time that the Competition and Markets Authority has secured such a payment to the NHS as part of one of its investigations. Aspen, which is also facing a fine of up to £2.1m, supplies the NHS with fludrocortisone, a life-saving medicine mainly used to treat Addison’s disease. It is paid for by the NHS.

“The CMA launched this investigation because we consider it unacceptable for the NHS – and the taxpayers who fund it – to have to pay millions of pounds more than they should for this life-saving drug,” said Andrea Coscelli, the chief executive of the CMA. The CMA’s investigation found that Aspen struck deals to pay two rival companies to stay out of the market for the drug, making Aspen the sole supplier and able to set prices without facing competition. During the CMA’s investigation Aspen made an approach to the regulator in an effort to resolve the case. The company has admitted that it was part of...

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