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FTC Chair Plans to Explore All Options in PBM Investigations

October 4th, 2022|Categories: Featured, Industry News|Tags: , , , , |

The chair of the US Federal Trade Commission (FTC), Lina Khan, has pledged to use all the tools at her disposal to investigate the practices of pharmacy benefit managers (PBMs), who have recently faced increasing scrutiny. This is due to allegations of anti-competition and price fixing. A formal investigation by the agency was announced this summer.

Court Rules Against FTC in Illumina Antitrust Case

September 1st, 2022|Categories: Featured, Industry News|Tags: , |

A US judge has ruled against the Federal Trade Commission (FTC) in its antitrust case against Illumina. The agency had sued the company for its $7 Billion buyout of Grail, a biotech that tests for cancer using blood samples. Illumina is a leader in DNA sequencers used by Grail and its competitors, which the FTC claimed would make the deal anti-competitive.

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