By Sachiko Sakamaki ( December 9, 2020, 04:26 GMT | Insight) -- Japan’s three major pharmaceutical wholesalers — Alfresa, Suzuken and Toho Pharmaceutical — are set to face criminal charges, along with seven of their executives, after the Japan Fair Trade Commission today filed a criminal complaint alleging bid rigging for prescription drugs that were procured by a public hospital operator. The value of drugs ordered in two separate tenders was 143.4 billion yen ($1.37 billion).Japan’s three major pharmaceutical wholesalers — Alfresa, Suzuken and Toho Pharmaceutical — are set to face criminal charges, along with seven of their executives, after the Japan Fair Trade Commission today filed a criminal complaint alleging bid rigging for prescription drugs that were procured by a public hospital operator....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.