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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by Craigbadon Oct 26, 2016 8:09am
92 Views
Post# 25386366

British concern over investor presentation

British concern over investor presentation British MP voices concern over comments made by Concordia and will make sure to end the price gouging gravy train. Expect them to make an example out of them.

I was more than a little concerned when I read a section about this Bill in a Concordia investor presentation, which said that in the past the Department of Health

 

“would seek informal negotiations with manufacturers where it believed there were pricing issues. We believe this step will remain.”

 

The notion of informal talks with officials brings up uncomfortable memories of the sweetheart deals between multinationals and Her Majesty’s Revenue and Customs. Although I am happy for chains of communication to be open with such companies, can the Minister reassure us that in all cases prices will be regulated through a transparent, formal process and not through behind-the-scenes talks?

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