Pharma firms in UK accused of illegal agreements over life-saving drug
The UK’s Competition and Markets Authority (CMA) has provisionally found that, from July 2011 to April 2015, the sole supplier of hydrocortisone tablets in the UK, Auden Mckenzie, and its rival, Waymade, entered into anti-competitive agreements.
This may also have involved Auden Mckenzie (owned by India’s Intas) abusing its dominant position by making monthly payments to Waymade not to enter the market.
As a result of this alleged anti-competitive behaviour, the CMA believes the National Health Service (NHS) was denied a choice of suppliers and the potential savings resulting from increased competition.
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