The EU Commission conditionally approves deals in the pharmaceutical sector extending its analysis of pipeline pharmaceutical products (Novartis / GSK)

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Reference

EU Commission, Novartis / GSK, Case M.7275, 28 January 2015

"Protecting the drugs of tomorrow : competition and innovation in healthcare"* In a nutshell : In Novartis/GSK Oncology, the Commission extended its analysis of pipeline pharmaceutical products beyond those that are in advanced stages of development (phase III), to fully assess the impact of the merger on innovation competition. The case also presented novel issues regarding the design of a remedy involving third party rights, and the consideration of lines of treatment as an indicator of the extent of closeness of competition. In January 2015, the Commission cleared the EUR 16 billion acquisition of a GlaxoSmithKline ("GSK") portfolio of cancer treatments by Novartis [1], subject to conditions [2]. One of the key roles of merger control in the pharmaceutical industry is to ensure

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  • Sciences Po Paris
    France 5 contributions 1675 visits
  • European Commission - DG COMP (Brussels)
    Belgium 2 contributions 418 visits
  • European Commission - DG COMP (Brussels)
    Belgium 2 contributions 1368 visits

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Arthur Stril, Irene Mirabile, Lluís Sauri Romero, The EU Commission conditionally approves deals in the pharmaceutical sector extending its analysis of pipeline pharmaceutical products (Novartis / GSK), 28 January 2015, e-Competitions Pharma & Mergers, Art. N° 76896

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