Australia Allows Industry Collaboration To Continue

GBMA And Medicines Australia Get One-Year Extension From ACCC

Australia’s competition authority has extended the arrangements allowing local off-patent industry body the GBMA to closely collaborate with brand organization Medicines Australia to co-ordinate supply against the backdrop of the ongoing COVID-19 pandemic.

Handshake
The ACCC has authorized a continuing industry collaboration • Source: Shutterstock

Australian off-patent body the Generic and Biosimilar Medicines Association can continue to work closely with brand organization Medicines Australia to ensure supply of essential medicines amid the COVID-19 pandemic, after the Australian Competition and Consumer Commission granted a one-year extension to arrangements put in place earlier in 2020.

At the start of April, the ACCC granted a “conditional interim authorization” to allow the GBMA and Medicines Australia to...

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