Blog Archives

The Office of Fair Trading accuses GSK of ‘pay-for-delay’ deals to protect drug


Big Pharma up to dodgy tricks again

The pharmaceutical companies are no strangers to skulduggery and market manipulation. They are behind the biggest marketing scam on the planet; namely, creating a multi-billion dollar global market for a completely useless product on the back of junk science and manufactured fanaticism. The parallels with the AGW scam are  inescapable

Considering Seroxat’s shady history I’d have thought they would be happy to be shot of it…and then I remembered how much profit it makes them!

The suppression of unfavorable research findings on Paxil (Seroxat) by GSK — and the legal discovery process that uncovered it — is the subject of Alison Bass’s 2008 book Side Effects: A Prosecutor, a Whistleblower, and a Bestselling Antidepressant on Trial.

The Office of Fair Trading has said it had found evidence that the FTSE100 pharmaceutical giant made “substantial payments” to Alpharma, Generics UK and Norton Healthcare which it claims were used to stop them releasing version of its paroxetine anti-depressant drug.

In a “statement of objections” released on Friday, the anti-trust watchdog alleged that the agreements “infringed competition law” which in turn hits National Health Service costs.

Ann Pope, Senior Director of Services, Infrastructure and Public Markets at the OFT, said: “The introduction of generic medicines can lead to strong competition on price, which can drive savings for the NHS, to the benefit of patients and, ultimately, taxpayers. It is therefore particularly important that the OFT fully investigates concerns that independent generic entry may have been delayed in this case.”

Ms Pope said the allegation were not confirmed but are being investigated.

The OFT maintains that the three generic companies were each attempting to supply a generic paroxetine product in competition to GSK’s branded version of the drug called Seroxat.

It is alleged that GSK approached the firms and accused them of infringing on its patents on the drug which was at the time one of its best sellers. The disputes were resolved by a series of agreements.

“The OFT’s provisional view is that these agreements included substantial payments from GSK to the generic companies in return for their commitment to delay their plans to supply paroxetine independently,” the OFT said.

“The OFT considers that if companies act to delay the potential emergence of generic competition the NHS may be denied significant cost savings.”

In an emailed comment a spokesman said GSK had just received the OFT objections and needed “time to carefully review it”.

However, he said the allegations related to events that occurred between 2001 and 2004 that the European Commission had already investigated and “concluded its enquiry with no further action”.

The spokesman said: “GSK supports fair competition and we strongly believe that we acted within the law, as the holder of valid patents for paroxetine, in entering the agreements under investigation. These arrangements actually resulted in generic versions of paroxetine entering the market before GSK’s patents had expired.”

He added: “We have cooperated fully with the Office of Fair Trading in this investigation, which covers activities that happened between 2001 and 2004. The paroxetine supply agreements under investigation were terminated in 2004.”

via OFT accuses GSK of ‘pay-for-delay’ deals to protect drug – Telegraph.

via OFT accuses GSK of ‘pay-for-delay’ deals to protect drug – Telegraph.

MovieBabble

The Casual Way to Discuss Movies

OLD HOLLYWOOD IN COLOR

...because it was never black & white

LEANNE COLE

Art and Practice

CURNBLOG

Movies, thoughts, thoughts about movies.

FilmBunker

Saving you from one cinematic disaster at a time.

From 1 Blogger 2 Another

Sharing Great Blog Posts

Wonders in the Dark

Cinema, music, opera, books, television, theater

Just Reviews

Just another WordPress.com site

Mark David Welsh

Watching the strangest movies - so you don't have to...

conradbrunstrom

Things I never thunk before.

News from the San Diego Becks

The life and times of Erik, Veronica and Thomas

The Silent Film Quarterly

The Only Magazine Dedicated To Silent Cinema

Leaden Circles

First a warning, musical; then the hour, irrevocable. The leaden circles dissolved in the air.

My Archives

because the internet is not forever

CineSocialUK

Up to the minute, fair, balanced, informed film reviews.

PUZZLED PAGAN PRESENTS

A Shrine to Pop Culture Obsessiveness. With Lots of Spoilers

Thrilling Days of Yesteryear

“Nostalgia isn’t what it used to be” – Peter DeVries

thedullwoodexperiment

Viewing movies in a different light

Twenty Four Frames

Notes on Film by John Greco

Suzanne's Mom's Blog

Arts, Nature, Good Works, Luna & Stella Lockets & Birthstones

It Doesn't Have To Be Right...

... it just has to sound plausible

NJ Corporate Portrait Photographer Blog

The life of a corporate portrait photographer who likes to shoot just about anything.

arwenaragornstar

A French girl's musings...

Jordan and Eddie (The Movie Guys)

Australian movie blog - like Margaret and David, just a little younger

Octopus Films

A place for new perspectives on films, TV, media and entertainment.

scifist 2.0

A sci-fi movie history in reviews

The Reviewer's Corner

The Sometimes Serious Corner of the Internet for Anime, Manga, and Comic Reviews

First Impressions

Notes on Films and Culture

1,001 Movies Reviewed Before You Die

Where I Review One of the 1,001 Movies You Should Watch Before you Die Every Day

Movies Galore of Milwaukee

Movie Galore takes a look at Silent films on up to current in development projects and gives their own opinion on what really does happen in film!

The Catwing Has Landed

A Writer's Blog About Life and Random Things

mibih.wordpress.com/

Anime - Movies - Wrestling

Gabriel Diego Valdez

Movies and how they change you.

The Horror Incorporated Project

Lurking among the corpses are the body snatchers....plotting their next venture into the graveyard....the blood in your veins will run cold, your spine tingle, as you look into the terror of death in tonight's feature....come along with me into the chamber of horrors, for an excursion through.... Horror Incorporated!

Relatos desde mi ventana

Sentimientos, emociones y reflexiones

Teri again

Finding Me; A site about my life before and after a divorce

unveiled rhythms

Life In Verses

Gareth Roberts

Unorthodox Marketing & Strategy

leeg schrift

Taalarmen

100 Films in a Year

12 months. 100 films. Hopefully.

%d bloggers like this: