More pharmaceutical companies may be implicated in price fixing -Cancer Alliance

On Tuesday the Competition Commission confirmed its launched an investigation into pharmaceutical companies, including Aspen, Pfizer and Roche for their suspected excessive pricing of life saving cancer medication.

Roche is being investigated for it's alleged over pricing of breast cancer medication and Pfizer for lung cancer medication.

Aspen is also being probed for suspected abuse of dominance by charging excessive prices in the provision of cancer medication.

The Cancer Alliance which has lobbied around the exorbitant pricing of medicines.

Xolani Gwala spoke to the alliance's Salome Meye.

Not even the department of health can afford paying R 125 000 as oppose to R 500 000 for public patients.

Salome Meye, Member of the Cancer Alliance (Part of the Fix the Patent Laws Coalition)

We know the cost of manufacturing the drugs is half of what they are offering the department of health for the same drug, one really needs to ask who is making the money and who is benefiting, certainly not the patients in the public or private sector.

Salome Meye, Member of the Cancer Alliance (Part of the Fix the Patent Laws Coalition)

We also have knowledge of other drugs and other companies that we will take to the competition commission to investigate.

Salome Meye, Member of the Cancer Alliance (Part of the Fix the Patent Laws Coalition)

Click on the link below to listen to the full audio...


Recommended

by NEWSROOM AI
Read More
No certainty if strange stone originates from outside the solar system

No certainty if strange stone originates from outside the solar system

In 2013 researchers announced the 'Hypatia' stone found in the south-west of Egypt, was most certainly not from Earth.

[LISTEN] ANC's proposed land expropriation explained

[LISTEN] ANC's proposed land expropriation explained

The Institute of Race Relations explains the confusion around the proposed amendment to Section 25 and how this affects property.

State Capture inquiry could be 'never-ending' if broadened - Karima Brown

State Capture inquiry could be 'never-ending' if broadened - Karima Brown

Public Protector Busisiwe Mkhwebane has called for a broadening of the scope of the investigation into state capture.

Opinion: Give the country what investors want, confidence!

Opinion: Give the country what investors want, confidence!

702 host Ray White says the ANC's January 8 statement should mark the beginning of something new for South Africa.

Police urge Rustenburg residents to help root out drug dealers with information

Police urge Rustenburg residents to help root out drug dealers with information

A rampage on Wednesday night saw residents torching alleged drug dens, but Vish Naidoo says rather provide Saps with information.

Three pharmaceutical companies probed for excessive pricing of cancer drugs

Three pharmaceutical companies probed for excessive pricing of cancer drugs

The three companies being investigated by the Competition Commission are generic Aspen Pharmacare, Roche and Pfizer.

Popular articles
Africa State of Mind: 'My dream is to be global' -  Sho Madjozi

Africa State of Mind: 'My dream is to be global' - Sho Madjozi

In this episode of Africa State of Mind, Lee Kasumba chats to South African rapper Sho Madjozi about her upbringing, and rise to fame.

'Shutdown of Ndalo Media is no surprise and is a blow to media diversity'

'Shutdown of Ndalo Media is no surprise and is a blow to media diversity'

The company will reportedly shut its doors in January 2019.

'Cyril is the most popular president since Nelson Mandela'

'Cyril is the most popular president since Nelson Mandela'

Author Max de Preez weighs in on where SA would be if Jacob Zuma was still president and the impact of Ramaphosa now.

[WATCH] Internet search for talented singer Nosipho is over...she's been found!

[WATCH] Internet search for talented singer Nosipho is over...she's been found!

Khabazela shares tweets and Facebook posts that have gone viral.

'Evidence is solid. Poor people’s money was used illegally. Shivambu benefitted'

'Evidence is solid. Poor people’s money was used illegally. Shivambu benefitted'

Ray White interviews Pauli van Wyk, an investigative journalist with Scorpio at Daily Maverick.