EU Antitrust Regulators Accept Vifor Pharma’s Pledge to Halt Disparagement of Rival
EU antitrust regulators have accepted concessions from Vifor Pharma, a unit of the Australian group CSL, addressing potential anti-competitive behavior related to a rival iron deficiency treatment. This decision follows a two-year investigation by the European Commission into Vifor Pharma’s marketing practices.
According to Reuters, the European Commission launched the investigation after allegations surfaced that Vifor Pharma’s marketing campaign disseminated misleading information about the safety of Monofer, an iron deficiency treatment developed by Danish company Pharmacosmos. Monofer is the closest competitor to Vifor’s Ferinject, a widely used treatment in the same category.
In response to the Commission’s concerns, Vifor Pharma has committed to implementing a comprehensive and multi-channel communication campaign. This initiative aims to rectify and counteract the effects of the potentially misleading messages previously spread about Monofer’s safety. Reuters reports that this move is designed to ensure that healthcare professionals receive accurate information, addressing the misinformation that may have impacted Monofer’s market position.
The EU competition enforcer stated that Vifor Pharma will refrain from engaging in external promotional and medical communications about Monofer’s safety profile, unless the information is based on Monofer’s official label or derived from clinical trials explicitly comparing Ferinject and Monofer across the entire European Economic Area (EEA). This commitment is set to last for a decade, ensuring long-term compliance and promoting fair competition in the market.
Reuters reports that the European Commission’s acceptance of Vifor Pharma’s concessions highlights the importance of accurate and truthful marketing practices in the pharmaceutical industry. This case underscores the Commission’s role in safeguarding competition and protecting consumer interests by preventing misleading information that could distort the market.
Source: Reuters
Featured News
Big Tech Braces for Potential Changes Under a Second Trump Presidency
Nov 6, 2024 by
CPI
Trump’s Potential Shift in US Antitrust Policy Raises Questions for Big Tech and Mergers
Nov 6, 2024 by
CPI
EU Set to Fine Apple in First Major Enforcement of Digital Markets Act
Nov 5, 2024 by
CPI
Six Indicted in Federal Bid-Rigging Schemes Involving Government IT Contracts
Nov 5, 2024 by
CPI
Ireland Secures First €3 Billion Apple Tax Payment, Boosting Exchequer Funds
Nov 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Remedies Revisited
Oct 30, 2024 by
CPI
Fixing the Fix: Updating Policy on Merger Remedies
Oct 30, 2024 by
CPI
Methodology Matters: The 2017 FTC Remedies Study
Oct 30, 2024 by
CPI
U.S. v. AT&T: Five Lessons for Vertical Merger Enforcement
Oct 30, 2024 by
CPI
The Search for Antitrust Remedies in Tech Leads Beyond Antitrust
Oct 30, 2024 by
CPI