CMA Accuses Pharmas Of Divvying Market For UTI Treatment
Law360 (July 25, 2019, 3:24 PM EDT) -- A pair of British drugmakers and a wholesaler may have cut into antitrust laws with a yearslong deal to carve up the market for an antibiotic that treats urinary tract infections, the Competition and Markets Authority said Thursday.
According to the U.K. watchdog, rivals Amco Pharmaceuticals — which is now Advanz Pharma Corp. — and Morningside Pharmaceuticals inked an agreement five years ago to not compete with one another by selling the exact same amount of nitrofurantoin capsules to wholesaler Alliance Healthcare.
The two also committed to sell the drug exclusively to Alliance Healthcare, regulators alleged.
“Drug companies that break competition...
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