Three pharmaceutical companies probed for excessive pricing of cancer drugs

Three pharmaceutical companies are being investigated by the Competition Commission for suspected excessive pricing of their cancer drugs.

The three companies are generic drug maker Aspen Pharmacare, Roche and Pfizer.

Deputy commissioner at the Competition Commission, Hardin Ratshisusu, says affordability of cancer drugs is an imperative.

We have been looking into this matter and we have now settled to initiate an investigation into these three companies.

Hardin Ratshisusu, Deputy Commissioner

These are separate investigations but they all cut across the cancer drugs

Hardin Ratshisusu, Deputy Commissioner

According to Ratshisusu, Pfizer will be investigated for a particular drug that treats cancer, for Roche they will be probing for a drug that treats breast cancer and for Aspen, a drug that treats leukemia.

We have information that points to potential exploitation by these companies, their prices are extremely excessive.

Hardin Ratshisusu, Deputy Commissioner

The official investigation was initiated on Tuesday, says Ratshisusu.

To hear more about this investigation into these three pharmaceutical companies, listen below:


CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
‘Aspen Pharmacare discussed destruction of life-saving drugs to drive up prices'

‘Aspen Pharmacare discussed destruction of life-saving drugs to drive up prices'

The South African drug maker also failed to disclose its 2016 €5.2-million Italian competition authority fine for price gouging.

#CapeTalkInTheBoardroom: Commemorating World Aids Day with Cipla

#CapeTalkInTheBoardroom: Commemorating World Aids Day with Cipla

Cipla is a leading pharmaceuticals company that manufactures world class generic medicines at affordable prices.

The rise in the use of cough syrup as a drug in focus

The rise in the use of cough syrup as a drug in focus

Lorraine Osman, Pharmaceutical SA, says it’s easy to become addicted to cough syrup because of the drug codeine.

Zuma announces state-owned pharmaceutical company

Zuma announces state-owned pharmaceutical company

President Zuma shared the way forward for South Africa at SONA 2016, particularly in the fields of education and health.

3 best shares to buy at the start of 2016 (according to Vestact)

3 best shares to buy at the start of 2016 (according to Vestact)

You won't be too surprised by the usual suspects Vestact Portfolio Manager Michael Treherne chooses as stock picks of the week.

South African pharma-giant Aspen Group making good money abroad

South African pharma-giant Aspen Group making good money abroad

Aspen Group released results saying the international business delivered 49% of gross revenue.

Popular articles
'Banned ANC delegates have shot themselves in the foot, got what they deserved'

'Banned ANC delegates have shot themselves in the foot, got what they deserved'

Deputy Editor of Financial Mail, Sikonathi Mantshantsha says branches were warned but did not listen, and he has no sympathy.

Adam Habib: Where would the money to fund free education come from?

Adam Habib: Where would the money to fund free education come from?

Vice-Chancellor of Wits University Adam Habib says Zuma's promise requires about R40 billion in order to be fulfilled.

[LISTEN] 'I never wanted to be President, I was not ambitious'

[LISTEN] 'I never wanted to be President, I was not ambitious'

Listen to what President Zuma had to say on Friday at the #ANC54 Gala Dinner ahead of the elective conference.

JUST IN: Some delegates barred from voting #ANC54

JUST IN: Some delegates barred from voting #ANC54

ANC secretary-general Gwede Mantashe announced that some delegates will not be able to vote in this weekend's elective conference.

Van Damme: De Lille has until Monday to respond to maladministration claims

Van Damme: De Lille has until Monday to respond to maladministration claims

The DA has suspended Patricia de Lille from party activities but Eusebius McKaiser says its statement 'is clear as mud'.

LISTEN: Father of drowned toddler speaks of dangers and heartbreak

LISTEN: Father of drowned toddler speaks of dangers and heartbreak

Connor Weber, fell unnoticed into a bin of water and drowned.

Predictably awesome new Nando's ad reminds South Africans ‘we can fix our sh$t’

Predictably awesome new Nando's ad reminds South Africans ‘we can fix our sh$t’

Watch the Guptas pack their bags and run in Nando's inspiring new advertisement.