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Flynn Pharma

Pfizer appeals $107m fine for anti-epilepsy drug prices in UK

February 15, 2017 By Sarah Faulkner

Pfizer

Pfizer (NYSE:PFE) and Flynn Pharma have appealed the record $107 million (£84.2 million) and $6.5 million (£5.2 million) fines imposed by the U.K. Competition & Markets Authority in December for the companies’ massive price hikes to their unbranded versions of anti-epilepsy drug Epanutin. In its appeal, Pfizer claims that the regulator did not consider market realities when […]

Filed Under: Featured, Legal News, Pharmaceuticals, Wall Street Beat Tagged With: Flynn Pharma, Pfizer Inc.

UK slaps Pfizer with record $107m fine over price hikes

December 7, 2016 By Sarah Faulkner

Pfizer

The U.K.’s Competition & Markets Authority reportedly fined Pfizer (NYSE:PFE) and Flynn Pharma a record amount for the companies’ massive price hikes to their unbranded versions of anti-epilepsy drug Epanutin. The British anti-trust watchdog fined Pfizer and Flynn Pharma $107 million (£84.2 million) and $6.5 million (£5.2 million), respectively. New York City-based Pfizer used to market the phenytoin sodium anti-epilepsy […]

Filed Under: Featured, Legal News, Pharmaceuticals, Policy, Regulatory/Compliance, Wall Street Beat Tagged With: Flynn Pharma, GlaxoSmithKline plc, Pfizer Inc.

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