3 drug firms accused of illegal market sharing in UKChristian Fernsby ▼ | October 4, 2019
The CMA has provisionally found that 3 drug firms signed an illegal agreement that resulted in significant price hikes for an essential medicine.
Topics: Drug illegal market UK
This alleged illegal agreement protected Aspen’s UK monopoly in relation to the supply of the drug to the NHS and gave the firm the opportunity to increase prices by up to 1,800%.
The CMA has provisionally found that Tiofarma and Amilco colluded with Aspen by agreeing to stay out of the market so that Aspen could maintain its position as the sole UK supplier of fludrocortisone. In exchange, it is alleged that Tiofarma was made the sole manufacturer of fludrocortisone for direct sale in the UK, and Amilco received a 30% share of the increased prices that Aspen was able to charge. ■