The Competition and Markets Authority (CMA) has refined its window of investigation into the alleged “excessive and unfair pricing” of liothyronine tablets, which it says has seen the NHS overcharged by millions of pounds.
The CMA initially suggested in November 2017 that Advanz Pharma (formerly Concordia) had overcharged the NHS over the course of ten years from before the drug was debranded in 2007 through to July 2017.
During that time, the price per pack of liothyronine tablets, used to treat hypothyroidism, increased by almost 6,000% from £4.46 before it was debranded in 2007 to £258.19 by July 2017.
However, the CMA said in a statement on January 30, 2019 that it has “slightly altered its investigation period,” now provisionally finding that Advanz Pharma “breached UK and EU competition law from at least 1 January 2009 to at least July 31, 2017 by charging excessive and unfair prices” for the medicine.
The statement said within that time frame “the price paid by the NHS for liothyronine tablets rose from £15.15 to £258.19, a rise of 1,605%, while production costs remained broadly stable” and Advanz remained the only supplier of liothyronine tablets in the UK.
In December 2016, the CMA fined Pfizer and Flynn Pharma £90m for the excessive pricing of the anti-epilepsy treatment, phenytoin sodium capsules.
Advanz Pharma said in a statement: “We take competition law very seriously and do not believe that competition law has been infringed. The pricing
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