A multimillionaire businessman whose company’s drug price rises have cost the NHS £50 million was appointed OBE in the new year’s honours list, The Times can reveal.
Vijay Patel, 69, set up a company that exploited a loophole in health service rules to increase the price of old medicines for which it was the sole supplier by up to 2,500 per cent.
The firm, Atnahs, raised the price of a packet of antidepressants from £5.71 to £154. An insomnia treatment now costs more than £138 instead of £12.10.
www.thetimes.co.uk/article/millionaire-rip-off-drugs-businessman-vijay-patel-given-obe-hkzr5b00p
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