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The EU Commission invites comments on pharmaceutical company’s proposed commitment to reduce price by 73% for six off-patent cancer medicines to remove the Commission’s excessive pricing concerns (Aspen)

Antitrust: Commission seeks feedback on commitments offered by Aspen to reduce prices for six off-patent cancer medicines by 73% to address Commission's concerns over excessive pricing* The European Commission invites comments from all interested parties on commitments offered by Aspen to address the Commission's concerns over excessive pricing. Aspen proposes to reduce its prices in Europe for six critical cancer medicines by 73% on average. In addition, Aspen proposes to ensure the continued supply of these off-patent medicines for a significant period. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “Pharmaceutical companies often bring innovative medicines to the market and they should be rewarded for that. However, they sometimes also use

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European Commission, The EU Commission invites comments on pharmaceutical company’s proposed commitment to reduce price by 73% for six off-patent cancer medicines to remove the Commission’s excessive pricing concerns (Aspen), 14 July 2020, e-Competitions Preview, Art. N° 95812

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