EU Commission finds drugmakers blocked generics; anti-trust action may follow
Following investigations which started early this year Marketletter January 21), the European Commission has now published its preliminary report on the competition inquiry into the pharmaceutical sector, which finds that in this industry it does not work as well as it should. Although not naming specific companies in its report, it is known that raids by EC officials on drugmakers' premises relating to this project included majors such as Pfizer, GlaxoSmithKline and Sanofi-Aventis, and anti-trust action could be instigated against some.
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