Posted by Michael Wonder on 22 Nov 2019
Corbyn pledges to create state-run generics firm to cut drug prices
22 November 2019 - Labour leader Jeremy Corbyn has included in the party’s election manifesto plans to create a state-run generic drug company to combat excessively high prices for new medicines.
In a section on medicine policy in its manifesto “It’s Time For Real Change”, the Labour party pledged to make the NHS a leader in technology such as genomics and cell therapies.
But the manifesto referred to recently-resolved pricing row over Vertex’s cystic fibrosis drug Orkambi as “the latest example of patients held to ransom by corporations charging extortionate prices for life-saving drugs”.
