Merger Notification - Announcement according to § 10 Cartel Act

Mercury Pharma Group Limited; Erwerb des gesamten ausgegebenen Aktienkapitals und der alleinigen Kontrolle über bestimmte Gesellschaften der Intercept Pharmaceuticals (USA) - BWB/Z-5962 | Bundeswettbewerbsbehörde

Mercury Pharma Group Limited; Erwerb des gesamten ausgegebenen Aktienkapitals und der alleinigen Kontrolle über bestimmte Gesellschaften der Intercept Pharmaceuticals (USA)

BWB/Z-5962

12.05.2022

On 12.05.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Mercury Pharma Group Ltd., ultimately owned and controlled by Advanz Pharma Group, which itself is ultimately controlled by certain Nordic Capital XFunds, intends
to acquire the ex-US Ocaliva® (obeticholic acid) business from US-based Intercept Pharmaceuticals. Obeticholic acid is used as a second line therapy for the treatment of
primary biliafy cholangitis, a rare liver disease.
Business sector concerned: Manufacture of basic pharmaceutical products and pharmaceutical preparations.

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 09.06.2022.

Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.

Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.

Non-prohibition of the merger

The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 10.06.2022 .

back to list