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...

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
[LISTEN] Bongani Bongo on Day 2 as State Security Minister

[LISTEN] Bongani Bongo on Day 2 as State Security Minister

Bongo was appointed this week after another Cabinet reshuffle.

Motlatsi's statement on claims of Ramaphosa removal calculated  - Karima Brown

Motlatsi's statement on claims of Ramaphosa removal calculated - Karima Brown

In an interview with ENCA this week, veteran unionist James Motlatsi said President Jacob Zuma intends to remove his deputy.

[LISTEN] Jennifer Ferguson: I found it impossible to speak out about the rape

[LISTEN] Jennifer Ferguson: I found it impossible to speak out about the rape

The singer has come forward with claims of how she was raped by current SA Football Association boss Danny Jordaan in 1993.

I was not introduced to Ajay Gupta - Grootes

I was not introduced to Ajay Gupta - Grootes

Stephen Grootes says he believes former Eskom CEO Brian Dames when said he was not formally introduced to the Gupta family.

LISTEN: Febe Potgieter-Gqubule says SABC finances a priority for new board

LISTEN: Febe Potgieter-Gqubule says SABC finances a priority for new board

New SABC deputy chair Potgieter-Gqubule says SABC finances, staff morale, and editorial independence are top priorities.

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
Meet Whitey Basson (the retail guru who turned Shoprite into a R127bn behemoth)

Meet Whitey Basson (the retail guru who turned Shoprite into a R127bn behemoth)

The Money Show’s Bruce Whitfield interviews the former CEO of Africa’s largest retailer by far.

CT airport shooting attempted hit on gang boss allegedly linked to '28s' -expert

CT airport shooting attempted hit on gang boss allegedly linked to '28s' -expert

A policing expert explains that the airport shooting may be linked to the shooting at a Stellenbosch nightclub this past weekend.

Almost 30 million SA ID numbers compromised after site hacked

Almost 30 million SA ID numbers compromised after site hacked

Independent Marketing Consultant in the Technology Space, Andrew Fraser says this looks like a leak and not a hack.

Cape Town International Airport shooting could be gang related - ACSA

Cape Town International Airport shooting could be gang related - ACSA

The incident happened in the early hours of Wednesday morning.

Kloof Street residents living in fear as crime multiplies

Kloof Street residents living in fear as crime multiplies

A Cape Town man was stabbed to death on Saturday while trying to assist two women who were being mugged on Kloof street.