{"id":605130,"date":"2018-12-23T04:40:13","date_gmt":"2018-12-23T04:40:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/pharma-corruption-case-postponed-to-19-february\/"},"modified":"2018-12-23T04:40:13","modified_gmt":"2018-12-23T04:40:13","slug":"pharma-corruption-case-postponed-to-19-february","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/pharma-corruption-case-postponed-to-19-february\/","title":{"rendered":"Pharma corruption case postponed to 19 February"},"content":{"rendered":"<p><b>COURT WATCH- The Cairo Economic Court has postponed to 19 February<\/b> <b>its ruling in an appeal by pharma distributors<\/b> of an antitrust fine, <a href=\"https:\/\/ent.news\/2018\/12\/2160.pdf\">according to a company disclosure from Ibnsina (pdf)<\/a>. The distribution companies (Ibnsina, Ramco, Multipharma and United Company for Distribution and Trade) are appealing an Egyptian Competition Authority fine of EGP 5.6 bn for having allegedly colluded to cut credit periods and slash discounts to small pharmacies. There has been speculation that an <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/22\/competition-watchdog-aiming-for-out-of-court-settlement-of-egp-5-6-bn-fine-for-pharma-distributors\/\">out-of-court settlement<\/a> was on the table.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>COURT WATCH- The Cairo Economic Court has postponed to 19 February its ruling in an appeal by pharma distributors of an antitrust fine, according to a company disclosure from Ibnsina (pdf). The distribution companies (Ibnsina, Ramco, Multipharma and United Company for Distribution and Trade) are appealing an Egyptian Competition Authority fine of EGP 5.6 bn [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[109,549,72,427,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-605130","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-corruption","tag-egyptian-competition-authority","tag-enterpriseam","tag-pharma","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b31b9f85-b0ff-4e5a-bba1-49075d15cb4b","order":"0","is_powered_by":true,"section_story_id":"4024760b-2891-4716-88f8-7e1c3c2316c2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[605115],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Pharma corruption case postponed to 19 February - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/pharma-corruption-case-postponed-to-19-february\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pharma corruption case postponed to 19 February\" \/>\n<meta property=\"og:description\" content=\"COURT WATCH- The Cairo Economic Court has postponed to 19 February its ruling in an appeal by pharma distributors of an antitrust fine, according to a company disclosure from Ibnsina (pdf). The distribution companies (Ibnsina, Ramco, Multipharma and United Company for Distribution and Trade) are appealing an Egyptian Competition Authority fine of EGP 5.6 bn [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/pharma-corruption-case-postponed-to-19-february\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-23T04:40:13+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/pharma-corruption-case-postponed-to-19-february\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/pharma-corruption-case-postponed-to-19-february\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Pharma corruption case postponed to 19 February\",\"datePublished\":\"2018-12-23T04:40:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/pharma-corruption-case-postponed-to-19-february\/\"},\"wordCount\":85,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Corruption\",\"Egyptian Competition Authority\",\"EnterpriseAM\",\"pharma\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/pharma-corruption-case-postponed-to-19-february\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/pharma-corruption-case-postponed-to-19-february\/\",\"name\":\"Pharma corruption case postponed to 19 February - 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The court actually met as scheduled on 19 December and set 19 February as the date on which\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621950,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/competition-watchdog-aiming-for-out-of-court-settlement-of-egp-5-6-bn-fine-for-pharma-distributors\/","url_meta":{"origin":605130,"position":1},"title":"Competition watchdog aiming for out-of-court settlement of EGP 5.6 bn fine for pharma distributors?","author":"enterpriseam admin","date":"22 November 2018","format":false,"excerpt":"Competition watchdog aiming for out-of-court settlement with pharma distributors? The Egyptian Competition Authority (ECA) is reportedly looking to reach an out-of-court settlement with four pharma companies it slapped with EGP 5.6 bn in fines for alleged anti-competitive behaviour, judicial sources said. The ECA successfully brought a case against players including\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601143,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/cairo-court-reduces-antitrust-fine-against-ibnsina-pharma-execs\/","url_meta":{"origin":605130,"position":2},"title":"Cairo court reduces antitrust fine against Ibnsina Pharma execs","author":"enterpriseam admin","date":"20 February 2019","format":false,"excerpt":"DISPUTE WATCH- Cairo court slashes antitrust fine against Ibnsina Pharma execs: The Cairo Appeals Court issued a ruling yesterday reducing an antitrust fine imposed on executives from Ibnsina Pharma to EGP 160 mn, down from an original EGP 2.04 bn fine handed down by the Cairo Economic Court, a source\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624865,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/20\/court-pushes-reset-button-on-ibnsina-antitrust-case\/","url_meta":{"origin":605130,"position":3},"title":"Court pushes reset button on Ibnsina antitrust case","author":"enterpriseam admin","date":"20 September 2018","format":false,"excerpt":"Court pushes reset button on Ibsina antitrust case: An Egyptian court decided yesterday to restart legal proceedings on Ibnsina\u2019s appeal of antitrust sanctions in a case brought by the Egyptian Competition Authority. The case was booked for a hearing on 19 November, Ibnsina said in a disclosure yesterday (pdf). In\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603406,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/22\/ibnsina-lodges-appeal-with-egypts-court-of-cassation-to-further-reduce-antitrust-fine\/","url_meta":{"origin":605130,"position":4},"title":"Ibnsina lodges appeal with Egypt\u2019s Court of Cassation to further reduce antitrust fine","author":"enterpriseam admin","date":"22 April 2019","format":false,"excerpt":"DISPUTE WATCH- Ibnsina lodges appeal with Court of Cassation to further reduce antitrust fine: Ibnsina Pharma has filed an appeal with the Court of Cassation (the nation\u2019s highest court of appeals) against a lower court decision that cut an EGP 2 bn antitrust fine to EGP 160 mn, the company\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628049,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/ibnsina-pharma-lays-out-its-case-to-appeal-antitrust-case\/","url_meta":{"origin":605130,"position":5},"title":"Ibnsina Pharma lays out its case to appeal antitrust case","author":"enterpriseam admin","date":"24 June 2018","format":false,"excerpt":"Ibnsina Pharma lays out case in appeal of antitrust case: Ibnsina Pharma has filed documents countering antitrust allegations leveled against the company by the Egyptian Competition Authority (ECA), said company Chairman Mohsin Mahgoub. A Cairo Economic Court had found in March that Ibnsina, along with competitors United Co. for Pharmacists,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/605130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=605130"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/605130\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/605115"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=605130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=605130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=605130"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=605130"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=605130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}