Anjana D. Patel, Member of the Firm in the Health Care & Life Sciences practice, in firm’s the Newark office, was quoted in Mergers & Acquisitions, in “Shifting Antitrust Policies Create Concern in Healthcare M&A,” by Darrell Delamaide.

Following is an excerpt:

U.S. antitrust agencies’ actions in the healthcare sector is raising eyebrows, and contributing to a slowdown in deals, according to several antitrust experts, in part due to the uncertainty that’s been created.

Buyers have grown more cautious and everyone is more cognizant of compliance, says Anjana Patel, an antitrust expert at law firm Epstein Becker & Green. Deals are going through, though they may take longer. …

In May of this year, the FTC struck again, seeking a court injunction to keep Amgen‘s $27.8 billion acquisition of Horizon Therapeutics from closing, on the grounds that it would entrench Horizon’s monopoly on eye and gout treatments.

Patel says the current antitrust environment is forcing buyers and sellers to do more planning.

“Healthcare M&A was out of control,” she says of the period before the current slowdown. “There was a frenzy of acquiring companies.” …

The FTC and the Justice Department have launched a joint inquiry regarding guidelines on how government enforcers interpret antitrust law. While this revision of guidelines, last reviewed in 2010, seems to be aimed primarily at tech mergers, it has unsettled the M&A market in general. 

“All of a sudden, guidance is being looked at,” Patel says. 

Jump to Page

Privacy Preference Center

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

Performance Cookies

These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.