The Health Supplies Act means that in extreme circumstances the government can ask for information and impose prices where they deem necessary.
There are plans to use price-setting powers for the first time after drugs companies started increasing the cost of their products According the the Sunday Telegraph, Ministers have said they are acting after manufacturers ‘increased their prices to what appear to be unwarranted levels’. The news comes after multiple reports that drugs prices were hiked as the NHS began to stockpile over fears of a no-deal Brexit.
In December, the Pharmaceutical Services Negotiation Committee – which represents pharmacists – said that some prescription painkillers had risen from £2.08 to £13.70 last year.They also noted that psychcosis drugs had risen from 62p a pack to £3.16 in just six months.
only about 100 years late