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FDRsGhost

(470 posts)
Fri Apr 14, 2017, 11:29 AM Apr 2017

Pharmaceutical giant 'plotted to destroy cancer drugs to drive prices up 4000%'

What the living hell? This is outrageous! It may be the UK but considering how big pharma is here, I wouldn't be shocked if this happened here.

Pharmaceutical giant 'plotted to destroy cancer drugs to drive prices up 4000%'
Price rises for generic cancer drugs are estimated to cost the NHS in England around £380m a year

Leaked internal emails appear to show employees at one of the world’s leading pharmaceutical companies calling for “celebration” over price hikes of cancer drugs, an investigation has revealed.

Staff at Aspen Pharmacare reportedly plotted to destroy stocks of life-saving medicines during a price dispute with the Spanish health service in 2014.

After purchasing five different cancer drugs from British firm GlaxoSmithKline (GSK), the company tried to sell the medicines in Europe for up to 40 times their previous price, reported The Times.

In 2013, the price of one pack of a chemotherapy drug called busulfan, used to treat leukaemia, rose from £5.20 to £65.22 in England and Wales, according to the newspaper.

More https://www.independent.co.uk/news/health/drug-giant-aspen-plot-destroy-cancer-medicine-big-pharma-times-investigation-a7683521.html
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Pharmaceutical giant 'plotted to destroy cancer drugs to drive prices up 4000%' (Original Post) FDRsGhost Apr 2017 OP
Aspen is hardly a pharmaceutical giant sharp_stick Apr 2017 #1

sharp_stick

(14,400 posts)
1. Aspen is hardly a pharmaceutical giant
Fri Apr 14, 2017, 11:43 AM
Apr 2017

They are just another in a long line of generic drug companies that have zero drug discovery operation. They have lawyers instead of scientists and don't give a shit about patients.

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