CMA to investigate ‘rocketing prices’ of antibiotics for Strep A cases – Sky

Date:

Share post:

The Competition and Markets Authority (CMA) has launched an investigation following ‘rocketing prices of antibiotics in the wake of Strep A cases’, Sky News reported on Wednesday (December 14).

On Monday, the Department of Health issued a medicine supply notification for antibiotics for the treatment of Strep A.

“Supplies of antibiotics for the treatment of Group A Strep have seen a surge in demand and may be temporarily in limited supply at certain wholesalers and pharmacies. Supplies are available with manufacturers, and deliveries into wholesalers and pharmacies are being expedited and are expected in the coming days” said DHSC.

Sky quoted a spokesperson for the CMA as saying: “People have got real concerns about the price of antibiotics used to treat Strep A, and we want companies to be clear about their obligations under the law.

“There should be no doubt that it is illegal for a dominant company to charge excessive prices, or for any companies to collude to drive up prices. We are working to establish the facts of what is currently happening in the market and welcome new information as part of our work.

“We stand ready to take action if there is evidence of anti-competitive behavior that breaks the law.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Current Issue June 2023

Related articles

MHRA grants authorisation for LEO Pharma’s Adtralza 2 mL pen solution

The Medicines and Healthcare Products Regulatory Agency (MHRA) has approved the marketing authorisation of Adtralza, a dermatological solution...

Grundon launches maiden UK-wide inhaler recycling programme

Grundon Waste Management has introduced what it claims to be the UK's first verified nationwide inhaler return and...

‘Record fine imposed on hydrocortisone manufacturers for dominant position abuse and 10,000% price increase’

The Competition Appeal Tribunal (CAT) has upheld the Competition and Markets Authority’s (CMA) findings against two pharmaceutical manufacturers...

Vision Report: Legal reforms, adequate funding imperative for success of community pharmacy

Achieving the community pharmacy vision necessitates legal adjustments and additional funding beyond recent boosts, the pharmacy vision document...