O’Malley denies conflict of interest over drug shares

Jim Morahan

The Department of Health is next month due to negotiate a new pricing and supply deal with the pharmaceutical industry.

"I've had these shares for years. I am a pharmacist and have practiced in Limerick for 30 years," said Dr O'Malley. "Obviously I am not practicing as a pharmacist now. I acquired those shares over the past 20 years in both United Drug and Uniphar. Normally I don't trade in shares at all. But the reason I supported those companies I dealt with them as a pharmacist, number one, and, number two, both of them employed a lot of people in Limerick."