Chemist + Druggist is part of Pharma Intelligence UK Limited

This is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.


This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction

NPA chair steps aside while wholesaler price hike claims investigated

Nitin Sodha is stepping aside as chair of the National Pharmacy Association (NPA) while a government watchdog investigates his company’s involvement in drug price hiking.

Mr Sodha will hand over his chairman duties while “allegations of collusion against a company in which he owns shares, Lexon UK, are investigated by the Competition and Markets Authority (CMA)”, the NPA announced this afternoon (June 3).

NPA vice-chair Andrew Lane, owner of the AlChem Pharmacy Group and chair of Gloucestershire local pharmaceutical committee, will pick up the chairman duties “for the time being”, the NPA added.

NPA chief executive Mark Lyonette said: “The allegations against Lexon don’t relate to Nitin’s work at the NPA, yet he has made a decision to stand aside as chair in the best interests of the association and its members.”

Mr Sodha added: “I am stepping aside with immediate effect, so the NPA can remain focused on supporting its members and securing a sustainable future for independent pharmacies, rather than be distracted by continued questions about my position as chair.”

The allegations against Lexon

The government’s competition watchdog alleged last month that Lexon, along with manufacturers Alliance Pharmaceuticals, Focus Pharmaceuticals and Medreich, broke the law by agreeing not to compete in the supply of anti-nausea drug prochlorperazine.

Their alleged agreement not to compete for the supply of prescription-only prochlorperazine 3mg buccal tablets led to prices for the NHS rising 700% over four years, the CMA claimed.

The CMA’s findings are provisional, the watchdog added, and the companies have the opportunity to make representations before it reaches a final decision.

Mr Sodha stressed to C+D last year that he currently has limited involvement with the wholesaler, and attends “maybe four” meetings a year.

What do you make of Mr Sodha's decision to step down?

Related Content

Topics

         
Pharmacist Manager
Barnsley
£30 per hour

Apply Now
Latest News & Analysis
See All
UsernamePublicRestriction

Register

CD005919

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Thank you for submitting your question. We will respond to you within 2 business days. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel