Britain fines drugmakers $360 million for overcharging NHS


Reuters | Updated: 15-07-2021 12:00 IST | Created: 15-07-2021 11:54 IST
Britain fines drugmakers $360 million for overcharging NHS
Representative Image Image Credit: ANI
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  • United Kingdom

Britain's competition regulator said on Thursday it has fined several drugmakers a total of more than 260 million pounds ($360 million) for overcharging the state-backed NHS healthcare network for hydrocortisone tablets for almost a decade.

The Competition and Markets Authority said it has fined Accord-UK, Auden Mckenzie, Allergan Plc, Accord Healthcare, Intas Pharmaceuticals, Way made Plc, Amdipharm, Advanz Pharma Services, and some Cinven entities. ($1 = 0.7219 pounds)

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