ALERTS: UNILATERAL PRACTICES - EUROPEAN UNION - PHARMACEUTICAL SECTOR - COMMITMENTS - EXCESSIVE PRICES

Excessive prices: The European Commission accepts and makes binding the commitments of one pharmaceutical company to reduce the prices of six anti-cancer drugs by 73% for ten years, and sends a strong signal to other pharmaceutical companies about excessive pricing practices (Aspen)

See also, Law & Economics Webinar organised by Concurrences "Excessive prices in the pharmaceutical sector in the EU: The Aspen Decision", in partnership with Covington & Burling and CRA, with Miranda Cole (Partner, Covington & Burling), Raphaël de Coninck (Vice President, CRA), Horst Henschen (Of Counsel, Covington & Burling), Harald Mische (Case Handler - Antitrust: Pharma and Health services, DG COMP), Lluís Sauri Romero (Head of Unit - CET, DG COMP) and Tom Viebig (Case Handler - Antitrust: Pharma and Health services, DG COMP).

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 10 February 2021, the Commission accepted and made binding the commitments commitments submitted in their final versions on January 28, 2021 by Aspen Pharmaceuticals to address competition concerns about excessive pricing implemented since 2012 on six key cancer drugs in that patients' lives sometimes depend on their administration.

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Excessive prices: The European Commission accepts and makes binding the commitments of one pharmaceutical company to reduce the prices of six anti-cancer drugs by 73% for ten years, and sends a strong signal to other pharmaceutical companies about excessive pricing practices (Aspen), 10 February 2021, Concurrences N° 2-2021, Art. N° 99313, www.concurrences.com

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