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Germany: Antitrust watchdog raids drugs distributors

 |  September 15, 2016

Germany’s antitrust regulator raided eight drug wholesale companies, including a subsidiary of US healthcare services provider McKesson on suspicion of illegal collusion.

A spokesman for Germany’s Cartel Office, who confirmed the raids on Thursday, declined to provide the names of the companies targeted.

Germany-based Gehe, a drugs distributor which McKesson controls as part of its 2014 purchase of most of Celesio AG’s shares, said in a written statement its offices had been searched and that it was fully cooperating with antitrust authorities, declining to comment further.

Full Content: Reuters

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