Nick Smith

Nick Smith

Labour — Blaenau Gwent and Rhymney

Speaking in the House of Commons on 12 September 2024

Debate

Business of the House

Contribution

May I say how good it is to see my right hon. Friend in her role as Leader of the House? The Competition and Markets Authority, backed by the Court of Appeal, found that pharmaceutical firms Auden McKenzie and Actavis UK charged excessive and unfair prices for hydrocortisone tablets. NHS spending on those products rose from around £500,000 to over £80 million a year. Producers gaming the system to gouge the NHS is a bad look. Tens of thousands of people depend on those tablets to treat conditions such as Addison’s disease. May we have a statement on NHS procurement? Our new plan for procurement must prevent bad actors from ripping off our NHS.

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