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From The Socialist newspaper, 4 January 2017

12,000% NHS drug price hike: nationalise big pharma!

photo Creative Commons, photo Creative Commons

photo Creative Commons, photo Creative Commons   (Click to enlarge)

Another drugs company could face punishment after an apparent 12,000% price hike.

Actavis raised the price of a pack of hydrocortisone from 70p in April 2008 to 88 by March 2016. The life-saving chemical treats a wide range of conditions. Only last month, the Competition and Markets Authority fined pharmaceutical giant Pfizer for similar NHS profiteering.

The Socialist welcomes this crackdown. But as any good doctor will tell you, it's no good treating the symptoms and not the cause.

Nationalise big pharma under democratic workers' control and management. Then the NHS can control prices and save billions, as well as planning research and production for need, not profit.

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The results of austerity have been graphically demonstrated as public services strain to cope with the crisis.

The government has now ripped up its 'austerity' mantra and turned to policies that not long ago were denounced as socialist. But after the corona crisis, it will try to make the working class pay for it, by trying to claw back what has been given.

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In The Socialist 4 January 2017:


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Related links:

Pharmaceutical:

triangleCapitalist profit and the race to develop a vaccine

triangleCapitalism's 'vaccine war' shows need for socialist cooperation

triangleTories using pandemic to shift lab testing out of NHS

triangleBig pharma's profiteering holds back drug supply

triangleCaerphilly & RCT Socialist Party: Why the pharmaceutical industry must be nationalised to save lives

Nationalise:

triangleNationalise Tata Steel to save jobs

triangleWater shortage warning: nationalise now!

triangleNo going back: Nationalise social care!

triangleP&O: defend every job - nationalise the ferries

NHS:

triangleNHS workers: "We deserve a fair wage" - 15% now!

triangleCoventry: scrap 'profit before people' hospital parking charges

triangleAngry health workers demand 15% now!

Pfizer:

triangleBig drugs companies dodge 3 billion pounds in tax

triangleGreater Manchester: patients are people not guinea pigs!

Drugs:

triangleEnd profiteering from health - nationalise big pharma

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