RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TpGIf someone pulled this cr@p on me they'd be off my vendor list in a heartbeat and i would want vengeance. I wouldn't be suprised if they get thrown off the Nhs vendor list. With all this public attention the politicians will HAVE to do something to show accountability, the public will demand it. I'm sure the other generic companies can fill the void. Either MT knew or he didn't but its his mess to deal with. He paid top of the market for these assets and if prices get cut or they get thrown off the vendor list, the debt is still going to be there to deal with as well.
CNInvesting wrote: Agreed that is smells bad, but it's been known all along which is why it's really weird. This so-called ''loophole'' was unknown until now you think ? Of course not! The NHS evaluated, accepted, and paid for those meds all along! Is it bound to change ? Perhaps. Will it be any different in a year ? Perhaps or perhaps not. This whole thing is a scandal until it isn't. When have you ever trusted politicians to change things for real ? Even when everything seems obvious, nothing changes in the end. It's politics. Why think it will be any different now ? I honestly don't know. What a mess.
Craigbad wrote: In general i agree Roller, but this looks a little different than just price increases. Taking the same product and changing the label to rook the government out of millions is a little different in my opinion than good ol capitalism. Why not just increase prices instead of these underhand maneuvers. This smells very bad when you burn one of your biggest customers in this way and get caught.