Motilal Oswal - MOSL: HEALTHCARE-Lawsuit on US generic pricing intensifies-Investigation into suspicious pricing gets more comprehensive

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Motilal Oswal

Tushar Manudhane

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MOSL: HEALTHCARE-Lawsuit on US generic pricing intensifies-Investigation into suspicious pricing gets more comprehensive

Healthcare: Lawsuit on US generic pricing intensifies; Investigation into suspicious pricing gets more comprehensive

Post initiation of investigation into companies conspiring to fix prices for certain generic drugs in Jul'14, there has now been an increase in the number of products and companies under dispute.
Further, the investigative action expanded to include 48 state attorneys of the US now from 20 in 2016.
The case document provides a company-wise list of products that have come under collusion allegations. Sales contribution from these products for companies under our coverage was in the range of 5% to 54% in CY14 - minimum for Aurobindo Pharma (ARBP) and maximum for Glenmark Pharma (GNP).
It is important to note that the investigation has been ongoing since 2014 and the verdict is yet to come. As of now, the financial impact for companies involved is minimal. However, given intensifying competition due to faster ANDA approvals and regulatory headwinds, the litigation raises the risk associated with the US generics business for companies involved in the litigation.

14/05/2019 1 EN

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Motilal Oswal

Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services and Online Trading with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance.

Motilal Oswal Securities is a group company of Motilal Oswal Financial Service Limited which started as a stock trading company and has blossomed into well diversified firm offering a range of financial products and services. Motilal Oswal has built a reputation as the source for best stock trading company and this has taken a wealth of experience, knowledge and expertise, constantly working in tandem, over the years.

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Analysts

Tushar Manudhane

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MOSL: HEALTHCARE-Lawsuit on US generic pricing intensifies-Investigation into suspicious pricing gets more comprehensive

MOSL : HOME FIRST FINANCE COMPANY: Earnings in-line with sustained improvement in asset quality

MOSL : SHOPPERS STOP: Ticking the right boxes

MOSL : ERIS LIFESCIENCES: Enhanced efforts toward product launch-related activities

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