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Polpharma’s acquisition of Polfa Warszawa approved if three drugs divested

By  |  March 27, 2012
Polpharma’s acquisition of Polfa Warszawa approved if three drugs divested

The UOKiK has granted conditional consent to ZakÅ‚ady Farmaceutyczne Polpharma’s takeover of ZakÅ‚ady Farmaceutyczne Polfa in Warszawa. Polpharma is owned by Genefar, and Polfa Warszawa is the state budget company belonging to Polski Holding Farmaceutyczny. Both companies are involved with the production and sale of pharmaceutical products.

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    The UOKiK found that the merger would lead to decreased competition in the markets for three antithrombotic drugs, as well as possible price increases. The terms of the consent thus require Polpharma to sell all its rights to three drugs within 18 months of the decision date. The drugs are: Polocard or Acard (antithrombotic drugs), Cipronex or Proxacin (fluorochinolones) and Sulfacetamidum natrium or Sulfacetamidum WZF 10% HEC.

    Full content: UOKiK Press Release

     

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