Asda Begins Selling Cancer Medication On Non Profit Basis
UK retailing giant Asda has started selling drugs used for the treatment of cancer on a not for profit basis, as it seeks to make treatment of cancer more affordable and accessible.
The retailer announced a couple of weeks ago that it would end the practice of marking up prices on all privately prescribed cancer drugs, beginning immediately and called on its rivals to follow suit.
The drug Iressa which is used in the treatment of lung cancer is now available for lower prices at Asda than any other UK pharmacy.
Cancer treatment is not cheap, and even at a price which has not been marked up Iressa still costs £2,167 for a pack of 30 at Asda, which is far cheaper than the £2,601 charged at Lloyds Pharmacy, the £3,251 at Boots and £3,253 at Superdrug.
Asda says that UK pharmacies have marked up the price of privately prescribed cancer medication by as much as 76 per cent over cost price. The retailer says that almost two thirds of people who require medication and are privately prescribed treatment, are unaware that the cost of prescription varies between pharmacies, and as a result fail to compare prices.
Earlier in the year Asda began the practice of selling In Vitro Fertilisation (IVF) drugs on a not for profit basis. Asda says its move has helped couples save as much as £820 per IVF cycle compared with other high street pharmacies.
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