FTC Seeks Comment on Drug Company Settlement Deal
Published Date: 6/23/2026
Notice
Summary
The Federal Trade Commission is asking for your thoughts on a deal with Aurobindo and Lannett, two drug companies accused of unfair competition. The companies agree to stop certain practices that hurt competition, helping keep medicine prices fair. You have until July 23, 2026, to share your opinion before the deal is final.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Divestiture to Restore Drug Competition
The FTC says Aurobindo's proposed $250 million acquisition of Lannett could raise prices for four generic medicines, so the companies must sell all rights and assets for those products to Quagen Pharmaceuticals Inc. The four products are mycophenolate mofetil oral suspension, niacin extended release tablets, pilocarpine tablets, and rabeprazole sodium delayed release tablets. The Consent Agreement requires the divestitures no later than 10 days after the Acquisition closes, and if Quagen is unacceptable the sellers must unwind and divest to a Commission-approved buyer within six months.
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Key Dates
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