The Canadian government announced final regulations to reduce patented drug prices expected to save Canadians C$13.2 billion over a decade, overriding heavy pharma company opposition.
The Federal Trade Commission issued civil subpoenas to Johnson and Johnson in June 2019 as part of an investigation into whether contracting practices for the blockbuster rheumatoid arthritis drug Remicade violated antitrust laws, the company said in a regulatory filing.
Bristol-Myers Squibb Co. offered to divest Celgene Corp.’s psoriasis treatment Otezla to allay concerns raised by the U.S. competition regulator, and pushed back the closing of their $74 billion deal.
UnitedHealth Group Inc. won anti-trust approval to buy DaVita Inc.’s primary and urgent care unit for $4.3 billion, the Federal Trade Commission said.
Swiss drugmaker Roche’s $4.3 billion takeover of U.S. gene therapy specialist Spark Therapeutics was pushed back again, possibly beyond first-half 2019, as regulators continue to scrutinize the deal’s effect on competition.