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Dutch regulator fines Italian pharma firm nearly 20 million euros for hiking drug price by more than 30,000%

4 monthes ago   |   By RT

The Netherlands has ordered an Italian drug maker to cough up nearly 20 million euros , after the pharma firm inflated the price of one of its medications by an eye-watering 30,000%.
In a decision issued on Monday, the Netherlands Authority for Consumers and Markets said that the drug manufacturer, Leadiant, had charged “far too high a price” for a prescription medication used in the treatment of patients with a rare hereditary metabolic disorder known as cerebrotendinous xanthomatosis. Around sixty patients in the country suffer from the disorder, which requires life-long treatment, the...
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