Health Minister slams Panadol Osteo maker for 50 per cent price rise plans

The Federal Health Minister has slammed the maker of Panadol Osteo for its plans to raise the price of the popular painkiller by 50 per cent, and has urged the ACCC to investigate. Earlier this month, pharmaceutical giant GlaxoSmithKline told its wholesalers it would lift its prices for Panadol Osteo by 50 per cent on January 1. If pharmacies pass on the full price rise, consumers will have to pay $7.50 a box.

from Biotech News