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Wednesday, April 04, 2007

Pfizer Chooses Ecxlusive Drug Wholesaler triggers Fair Trading Inquiry in UK

What happens when one of the world largest drug suppliers choose an exclusive Wholesaler to provide drugs in the United Kingdom?

Apparently it has trigger an inquiry by the Office of Fair Trading in the United Kingdom and could escalate depending on the finding of that inquiry triggering a 'full Competition Commission investigation.'

Pfizer chose UniChem a wholesale arm of Alliance Boots, which is also the subject of a £10bn takeover.  Pfizer is the biggest supplier of the UK's NHS, supplying 10 percent of all drugs prescribed.  The government is concerned that the exclusive deal could impact prices paid for medicine.

Pfizer's move may be the first of many as other major drug multinationals consider reining in their wholesaler base.

Link to Pfizer drug distribution deal triggers market investigation - Independent Online Edition > Business News