March 30, 2010

US clinic claims CSL fixed prices of blood plasma


America's Mayo Clinic claims to have lost millions of dollars at the hands of a damaging and illegal blood-plasma cartel run by Australia's biggest healthcare company, CSL, alleging in court documents that a conspiracy existed to drive down supply, inflate prices and snuff out competition.


Mayo Clinic claims CSL's US-based business CSL Behring, rival Baxter International and the industry's peak body, the Plasma Protein Therapeutics Association, used the pretext of avoiding supply shortages to justify meetings where information was exchanged and a cartel was formed.


Sydney Morning Herald, by Eli Greenblat, 3/29/2010


Additional coverage: BusinessDay, The Dominion Post, Business Spectator

Tags: Blood plasma, Business Relations, CSL, Legal / Leadership

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