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US FTC alleges Ovation charged monopoly prices for heart drugs

This article was originally published in Scrip

Executive Summary

The US Federal Trade Commissionhas challenged Ovation Pharmaceuticals' acquisition of Neoprofen (ibuprofen lysine injectable) three years ago, asserting it was anticompetitive and resulted in hospitals paying monopoly prices for the only two drugs approved to treat patent ductus arteriosus (PDA) in premature babies.

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