EU Competition law in the pharmaceutical sector
Produced in partnership with David Hull of Van Bael & Bellis , Samuel Hall of Van Bael & Bellis and Michael Clancy of Van Bael & Bellis
Practice notesEU Competition law in the pharmaceutical sector
Produced in partnership with David Hull of Van Bael & Bellis , Samuel Hall of Van Bael & Bellis and Michael Clancy of Van Bael & Bellis
Practice notesThis Practice Note covers the application of EU competition law to common practices that take place within the pharmaceutical sector.
The pharmaceutical sector is consistently the target of scrutiny from both the European Commission and national competition authorities, which is unsurprising given the importance of pharmaceuticals to the health of citizens, and the high financial burden that pharmaceuticals place on national healthcare systems. Anticompetitive practices which jeopardise patients’ access to innovative and affordable medicines are therefore quick to catch the attention of competition enforcers.
The pharmaceutical sector has certain characteristics which distinguish it from other sectors. This includes the significant investment involved in bringing a therapy to market and high level of risk, the multiple decision makers influencing the choice of therapy used (eg healthcare professionals (HCPs), pricing and reimbursement authorities, insurers and hospitals), the high level of price controls, the importance of intellectual property (IP) rights, the high degree of regulation and the
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