Pharma giant Aspen accused of withholding drugs to force up prices

The Australian

14 April 2017 - Staff at one of the world’s leading drug companies discussed destroying supplies of lifesaving cancer medicines in a battle to impose massive price rises across Europe.

The proposal was raised at Aspen Pharmacare during a dispute with the Spanish health service in 2014 over attempts to increase the price of the medicines by up to 4000%.

The company, which runs its European operations from Dublin, began a continent-wide effort to drive up the price of five cancer medicines after buying the rights from the British company GSK.

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Michael Wonder

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Michael Wonder

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Cancer , Medicine , Pricing