Cartel case drugs firm agrees £4m settlement - Telegraph
Extract:
"A £4 million settlement over alleged price-fixing of medicines has been agreed by a British drugs firm and the Department of Health, it was announced yesterday.
Goldshield Group Plc made the offer, without admission of liability, after a civil claim by the Government which accused a number of firms of operating a cartel.
A criminal trial against nine individuals and five companies, including Goldshield, on charges of conspiracy to defraud the NHS, is scheduled for January.
Yesterday's settlement follows allegations that Goldshield was involved in price-fixing of the blood-thinning drug warfarin.
Next year's court case, brought by the Serious Fraud Office, relates to allegations concerning warfarin, another branded blood-thinning drug Marevan, and penicillin-based antibiotics, supplied to the NHS between January 1996 and December 2000."
Let's hope that eventually somebody is sent to prison for this! - Unlikely, though, I guess...)o:
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A £4 million settlement when the claim was that they had stolen over £134 million says two things to me. One is that whoever bought the prosecution was incompetent and must have run a shabby investigation to only be able to prove a mere £4M out of the total, and secondly that whoever did it, probably did it for the publicity rather than anything we ordinary folk would have thought the reason, whcih is they robbed us taxpayers and we deserve it back. If that means we should have used professional investigators rtaher than despotic publicity seeking charlatans, so be it.
ReplyDeleteThumbs up to the SFO for taking this all the way to a criminal trial, and I do wish them the best for it.