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Indian origin brothers get caught in UK pharma imbroglio

June 05, 2016 /

LONDON: Two Indian-origin millionaire brothers were today caught in a controversy for allegedly exploiting a loophole in Britain's state-run National Health Service's pricing controls to overcharge for the sale of generic drugs, according to a media report. Bhikhu and Vijay Patel, the founders of pharmaceutical empire Waymade Plc, have been named in a special 'Times' investigation for charging "extortionate" prices for drugs by dropping an existing brand name of a medicine and instead selling it under its generic name…