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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by Carlos66on Sep 16, 2016 3:32pm
74 Views
Post# 25246335

UK parliament introduces bill to limit drug prices

UK parliament introduces bill to limit drug prices---this is the culmination of a question & answer in the UK parliament back in June

UK PARLIAMENT

Drugs: Prices:Written question - 41132

Q
Asked by Keith Vaz
(Leicester East)
Asked on: 24 June 2016
Department of Health
Drugs: Prices
To ask the Secretary of State for Health, what plans he has to bring forward proposals for a change to legislation to further regulate the pricing of everyday drugs to the NHS by pharmaceutical companies.
 
A
Answered by: George Freeman
Answered on: 04 July 2016
 

The Department is already referring cases to the Competition and Market Authority (CMA) and to strengthen our work in this area. We are considering putting measures in place to routinely and systematically monitor significant price increases of generic medicines and take action where appropriate, including the possible referral of suspected excessive pricing to the CMA, while taking into account the potential impact of any such action on the availability of medicines.

I wonder how long this takes to filter thru to the US regulators.
---looks like CXR will get to zero before VRX does. I didn't think that would happen.

carlos


 

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