Posted by: westlancashirerecord | January 7, 2019

Have You Ripped-Off The NHS? Have A Gong!

Among the many recipients of awards in the New Year’s honours list, one name may have come as a surprise to Times readers. Vijay Patel, who was appointed OBE for services to business and philanthropy, was the subject of a 2016 front- page investigation by the Times newspaper into his company, Atnahs . “We revealed how multimillionaire Mr Patel exploited a loophole in NHS pricing rules that enabled his company to buy up the rights to old drugs that had lost patent protection and massively jack up their prices. Atnahs raised the price of one antidepressant from £5.71 to £154 and an insomnia treatment from £12.10 to £138.

“Although the practice was exposed, increases meant that seven of the company’s medicines alone cost the NHS  an extra £16.3 million in 2017″.

Atnahs states “Our focus is mature branded medicines globally. We want to be the preferred acquirer for large cap or speciality pharma businesses choosing to divest their “mature”, “established” or “tail” off-patent branded medicines. We commit to continue the high-quality manufacturing and management of the medicines. At the same time, we aspire to breathe new life into the medicines, investing in them to make them stable and sustainable over the long-term”.

Their Kytril® (granisetron hydrochloride) is an injectable and oral treatment for nausea and vomiting caused by other medical treatments.

I guess I might become philanthropic IF I ever managed to fool the NHS into converting £5.71 into £154! Meanwhile I might have succumbed to a bout of nausea requiring a dose of Kytril®, but not from Atnahs! 


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