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Evening Standard

Business

Oscar Williams-Grut

Private equity group Cinven hit with third fine for NHS price gouging

Cinven NHS CMA Focus

The price of migraine drug prochlorperazine rose 700% in four years
(Picture: PA Archive)

Private equity group Cinven has been hit with a third fine linked to price gouging on drugs sold to the NHS.

The Competition and Markets Authority today fined four drug companies a collective £35 million, with part of the fines passed on to the owners of one business. Cinven will share a £15.5 million fine due to its historic ownership of drug distributor Focus.

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