Drug giant ‘plotted to destroy stocks of life-saving cancer medicines to drive up the price across Europe’

One of the world’s leading drug companies ‘plotted to destroy supplies of life-saving cancer medicines’ over a battle to drive up prices in Europe, it has been claimed.

South African firm Aspen Pharmacare is understood to have proposed the wastage during a row with the Spanish health service in 2014, while it is also said to have threatened to stop supplying medicine to Italian authorities a year earlier.

The price drive began after the firm, whose European headquarters is based in Dublin, bought the rights to five cancer medicines from British firm GlaxoSmithKline

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